Short Interest in Via Renewables, Inc. (NASDAQ:VIASP) Rises By 658.6%

Via Renewables, Inc. (NASDAQ:VIASP) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 531 shares, an increase of 658.6% from the June 15th total of 70 shares. Based on an average trading volume of 4,364 shares, the days-to-cover ratio is currently 0.1 days.

Via Renewables Price Performance

VIASP stock opened at $25.62 on Monday. The company’s 50 day moving average is $25.56 and its two-hundred day moving average is $25.54. Via Renewables has a twelve month low of $24.88 and a twelve month high of $26.68.

Via Renewables Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.657 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This is a positive change from Via Renewables’s previous quarterly dividend of $0.66. This represents a $2.63 annualized dividend and a dividend yield of 10.3%.

About Via Renewables

Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers. The Retail Natural Gas segment is involved in the transportation, distribution, and sale of natural gas to residential and commercial customers. It also provides broker services for retail energy customers; and wireless services and equipment to wireless customers.