Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Stock Short Interest Report for September

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,782 shares, a decrease of 50.6% from the September 15th total of 3,604 shares. Based on an average trading volume of 7,749 shares, the days-to-cover ratio is presently 0.2 days.

Tennessee Valley Authority PARRS A 2029 Price Performance

TVE stock traded down $0.04 during midday trading on Friday, reaching $23.18. The stock had a trading volume of 1,838 shares, compared to its average volume of 12,713. The business has a fifty day simple moving average of $23.35 and a two-hundred day simple moving average of $23.59. Tennessee Valley Authority PARRS A 2029 has a twelve month low of $22.83 and a twelve month high of $24.73.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

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

Tennessee Valley Authority PARRS A 2029 Company Profile

Tennessee Valley Authority PARRS A 2029 (NYSE: TVE) represents securities issued by the Tennessee Valley Authority (TVA), a federally owned U.S. corporation created by Congress in 1933. Although the listed security is not an operating company, it is associated with TVA’s financing activities and its electric power operations.

TVA is one of the largest public power providers in the United States. It generates electricity through a diversified system that includes nuclear, hydroelectric, natural gas, coal, and renewable energy facilities.