Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Short Interest Down 49.8% in March

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 11,800 shares, a drop of 49.8% from the February 28th total of 23,500 shares. Based on an average trading volume of 21,900 shares, the days-to-cover ratio is presently 0.5 days.

Tennessee Valley Authority PARRS A 2029 Stock Performance

Shares of TVE stock traded up $0.14 during trading hours on Friday, reaching $23.50. The company had a trading volume of 34,581 shares, compared to its average volume of 19,302. The business has a fifty day moving average price of $22.81 and a 200-day moving average price of $22.61. Tennessee Valley Authority PARRS A 2029 has a one year low of $21.40 and a one year high of $25.30.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Wednesday, April 30th will be given a $0.1385 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Wednesday, April 30th.

Institutional Investors Weigh In On Tennessee Valley Authority PARRS A 2029

A hedge fund recently raised its stake in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC boosted its position in shares of Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 46,285 shares of the company’s stock after acquiring an additional 1,890 shares during the quarter. Summit Financial LLC’s holdings in Tennessee Valley Authority PARRS A 2029 were worth $1,032,000 at the end of the most recent reporting period.

Tennessee Valley Authority PARRS A 2029 Company Profile

for more than eight decades, the tennessee valley authority has provided affordable electricity, environmental stewardship and economic development opportunities to the tennessee valley. tva was established by congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the tennessee river system.