Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Short Interest Down 49.8% in March

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 11,800 shares, a decline of 49.8% from the February 28th total of 23,500 shares. Based on an average daily volume of 21,900 shares, the days-to-cover ratio is presently 0.5 days.

Tennessee Valley Authority PARRS A 2029 Stock Performance

Shares of Tennessee Valley Authority PARRS A 2029 stock traded up $0.14 during midday trading on Friday, hitting $23.50. The company had a trading volume of 34,581 shares, compared to its average volume of 19,302. Tennessee Valley Authority PARRS A 2029 has a 52-week low of $21.40 and a 52-week high of $25.30. The company has a 50 day moving average of $22.81 and a 200 day moving average of $22.61.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Wednesday, April 30th will be paid a $0.1385 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.36%.

Hedge Funds Weigh In On Tennessee Valley Authority PARRS A 2029

An institutional investor recently raised its position in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC raised its position in shares of Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 4.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,285 shares of the company’s stock after purchasing an additional 1,890 shares during the quarter. Summit Financial LLC’s holdings in Tennessee Valley Authority PARRS A 2029 were worth $1,032,000 at the end of the most recent quarter.

About Tennessee Valley Authority PARRS A 2029

for more than eight decades, the tennessee valley authority has provided affordable electricity, environmental stewardship and economic development opportunities to the tennessee valley. tva was established by congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the tennessee river system.