Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Shares Shorted: Short Interest Down 50.6% in September

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

Tennessee Valley Authority PARRS A 2029 Price Performance

NYSE TVE traded up $0.07 on Wednesday, reaching $23.25. The stock had a trading volume of 7,749 shares, compared to its average volume of 12,630. Tennessee Valley Authority PARRS A 2029 has a 12-month low of $22.83 and a 12-month high of $24.73. The business’s 50-day moving average price is $23.36 and its 200 day moving average price is $23.60.

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 issued a $0.1385 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 30th.

About Tennessee Valley Authority PARRS A 2029

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.