Via Renewables, Inc. (NASDAQ:VIASP) Short Interest Down 56.1% in January

Via Renewables, Inc. (NASDAQ:VIASP) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 3,600 shares, a decline of 56.1% from the December 31st total of 8,200 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is presently 0.5 days.

Via Renewables Price Performance

Shares of VIASP stock traded up $0.23 during trading hours on Friday, hitting $22.98. The stock had a trading volume of 4,854 shares, compared to its average volume of 5,073. The stock’s 50 day moving average is $22.82 and its 200 day moving average is $21.64. Via Renewables has a twelve month low of $16.13 and a twelve month high of $24.35.

Via Renewables Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be given a $0.6963 dividend. This represents a $2.79 annualized dividend and a yield of 12.12%. The ex-dividend date of this dividend is Tuesday, April 1st.

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.