Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Stock Short Interest Rises 68.0%

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,993 shares, an increase of 68.0% from the September 30th total of 1,782 shares. Based on an average daily volume of 10,501 shares, the days-to-cover ratio is presently 0.3 days.

Tennessee Valley Authority PARRS A 2029 Trading Up 0.8%

Shares of Tennessee Valley Authority PARRS A 2029 stock opened at $23.30 on Tuesday. Tennessee Valley Authority PARRS A 2029 has a twelve month low of $22.83 and a twelve month high of $24.73. The firm’s 50-day simple moving average is $23.29 and its 200-day simple moving average is $23.76.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 2nd. Shareholders of record on Friday, October 30th were issued a dividend of $0.1385 per share. This represents a $0.55 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, October 30th.

About Tennessee Valley Authority PARRS A 2029

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) is a security issued by the Tennessee Valley Authority (TVA), a federally owned corporation established in 1933. TVA is not a traditional publicly traded operating company; it finances its activities through securities and uses the proceeds to support its energy and regional development operations.

TVA is the largest public power provider in the United States. Its primary business is generating and supplying electricity to local power companies, municipalities, industrial customers and federal installations.