Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Short Interest Down 24.2% in February

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 23,500 shares, a drop of 24.2% from the February 13th total of 31,000 shares. Based on an average daily trading volume, of 20,700 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On Tennessee Valley Authority PARRS A 2029

An institutional investor recently raised its position in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC lifted its holdings in shares of Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,285 shares of the company’s stock after purchasing 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 quarter.

Tennessee Valley Authority PARRS A 2029 Stock Performance

Shares of TVE opened at $23.10 on Monday. Tennessee Valley Authority PARRS A 2029 has a 1 year low of $21.40 and a 1 year high of $25.30. The stock’s 50-day moving average price is $22.64 and its two-hundred day moving average price is $22.56.

Tennessee Valley Authority PARRS A 2029 Dividend Announcement

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 issued a dividend of $0.1385 per share. This represents a $0.55 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Wednesday, April 30th.

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.