Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Sees Large Decrease in Short Interest

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 11,100 shares, a drop of 45.6% from the January 15th total of 20,400 shares. Based on an average daily trading volume, of 20,400 shares, the days-to-cover ratio is currently 0.5 days.

Tennessee Valley Authority PARRS A 2029 Stock Performance

Shares of NYSE TVE traded down $0.01 during mid-day trading on Thursday, reaching $22.47. 765 shares of the company were exchanged, compared to its average volume of 22,764. Tennessee Valley Authority PARRS A 2029 has a 52 week low of $21.40 and a 52 week high of $25.30. The company’s 50 day moving average price is $22.40 and its 200 day moving average price is $22.45.

Tennessee Valley Authority PARRS A 2029 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a dividend of $0.1385 per share. This represents a $0.55 annualized dividend and a yield of 2.47%. The ex-dividend date was Friday, January 31st.

Institutional Trading of Tennessee Valley Authority PARRS A 2029

An institutional investor recently raised its position in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC boosted its holdings in Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,285 shares of the company’s stock after purchasing an additional 1,890 shares during the period. Summit Financial LLC’s holdings in Tennessee Valley Authority PARRS A 2029 were worth $1,032,000 at the end of the most recent reporting period.

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.