Via Renewables, Inc. (NASDAQ:VIASP) Sees Large Drop in Short Interest

Via Renewables, Inc. (NASDAQ:VIASP) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 70 shares, a decrease of 98.2% from the May 31st total of 3,788 shares. Based on an average trading volume of 7,077 shares, the short-interest ratio is presently 0.0 days.

Via Renewables Trading Up 0.0%

NASDAQ:VIASP opened at $25.59 on Friday. The stock has a 50-day moving average price of $25.53 and a 200 day moving average price of $25.54. Via Renewables has a 12-month low of $24.88 and a 12-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. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.657 per share. The ex-dividend date is Wednesday, July 1st. This is a positive change from Via Renewables’s previous quarterly dividend of $0.66. This represents a $2.63 dividend on an annualized basis 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.