Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Short Interest Update

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 3,604 shares, a growth of 49.2% from the August 31st total of 2,415 shares. Based on an average daily volume of 9,935 shares, the days-to-cover ratio is currently 0.4 days.

Tennessee Valley Authority PARRS A 2029 Stock Up 0.1%

Shares of Tennessee Valley Authority PARRS A 2029 stock traded up $0.03 during trading on Thursday, hitting $23.18. The company’s stock had a trading volume of 12,955 shares, compared to its average volume of 12,905. Tennessee Valley Authority PARRS A 2029 has a 52 week low of $22.83 and a 52 week high of $24.73. The company has a fifty day simple moving average of $23.42 and a two-hundred day simple moving average of $23.65.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 30th will be given a dividend of $0.1385 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $0.55 annualized dividend and a dividend yield of 2.4%.

Tennessee Valley Authority PARRS A 2029 Company Profile

Tennessee Valley Authority (TVA) is a federally owned U.S. corporation established in 1933 to support economic development and improve quality of life in the Tennessee Valley. Its responsibilities include electricity generation and transmission, river and water-resource management, navigation, flood control, and environmental stewardship.

TVA operates an integrated power system that includes nuclear, hydroelectric, natural gas, coal, and renewable energy facilities. It sells electricity primarily on a wholesale basis to local power companies and provides power directly to certain large industrial customers.