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) was the target of a significant decrease in short interest during 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 daily trading volume, of 7,749 shares, the short-interest ratio is presently 0.2 days.

Tennessee Valley Authority PARRS A 2029 Price Performance

Shares of TVE traded up $0.07 during mid-day trading on Wednesday, hitting $23.25. 7,749 shares of the company’s stock were exchanged, compared to its average volume of 12,630. Tennessee Valley Authority PARRS A 2029 has a fifty-two week low of $22.83 and a fifty-two week high of $24.73. The business’s 50 day moving average is $23.36 and its two-hundred day moving average is $23.60.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The business 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 $0.1385 dividend. This represents a $0.55 annualized dividend and a yield of 2.4%. The ex-dividend date 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.