Via Renewables, Inc. (NASDAQ:VIASP – Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 5,500 shares, a decrease of 43.9% from the March 15th total of 9,800 shares. Based on an average trading volume of 14,800 shares, the days-to-cover ratio is currently 0.4 days.
Via Renewables Stock Up 5.1 %
Shares of Via Renewables stock opened at $20.83 on Friday. The firm’s fifty day simple moving average is $19.79 and its 200-day simple moving average is $19.14. Via Renewables has a 12 month low of $10.08 and a 12 month high of $22.95.
Via Renewables Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 1st will be given a dividend of $0.7596 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $3.04 dividend on an annualized basis and a yield of 14.59%.
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.
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