Tennessee Valley Authority PARRS A 2029 (NYSE:TVE – Get Free Report) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 9,166 shares, an increase of 399.8% from the June 15th total of 1,834 shares. Based on an average daily trading volume, of 17,297 shares, the short-interest ratio is currently 0.5 days.
Tennessee Valley Authority PARRS A 2029 Price Performance
NYSE TVE traded down $0.01 on Friday, hitting $23.59. 1,674 shares of the stock traded hands, compared to its average volume of 14,652. The business’s fifty day moving average is $23.57 and its two-hundred day moving average is $24.05. Tennessee Valley Authority PARRS A 2029 has a 12 month low of $23.10 and a 12 month high of $24.73.
Tennessee Valley Authority PARRS A 2029 Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 31st will be given a dividend of $0.1385 per share. The ex-dividend date is Friday, July 31st. This represents a $0.55 annualized dividend and a dividend yield of 2.3%.
About Tennessee Valley Authority PARRS A 2029
Tennessee Valley Authority (TVA) PARRS A 2029 (NYSE:TVE) refers to a series of Power System Revenue Bonds issued by the Tennessee Valley Authority, a federally owned corporation established in 1933. As one of the largest public utilities in the United States, TVA operates under a self-financing model that relies on revenues generated from electricity sales rather than tax dollars. The PARRS A 2029 bonds form part of TVA’s long-term debt portfolio, with proceeds earmarked for capital improvements, system modernization and the expansion of generation and transmission capacity.
TVA’s core business encompasses the generation, transmission and sale of electricity across a seven-state service territory that includes most of Tennessee and parts of Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.
Further Reading
- Five stocks we like better than Tennessee Valley Authority PARRS A 2029
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for Tennessee Valley Authority PARRS A 2029 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tennessee Valley Authority PARRS A 2029 and related companies with MarketBeat.com's FREE daily email newsletter.
