Via Renewables, Inc. (NASDAQ:VIASP) Short Interest Up 658.6% in June

Via Renewables, Inc. (NASDAQ:VIASP) was the target of a significant increase in short interest in 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 daily volume of 4,364 shares, the short-interest ratio is presently 0.1 days.

Via Renewables Stock Performance

NASDAQ:VIASP remained flat at $25.62 during trading hours on Friday. The company has a fifty day simple moving average of $25.56 and a 200-day simple moving average of $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 announced 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 an increase 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%.

Via Renewables Company Profile

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.