Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Short Interest Up 195.2% in August

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 18,600 shares, an increase of 195.2% from the August 15th total of 6,300 shares. Based on an average daily trading volume, of 14,200 shares, the days-to-cover ratio is currently 1.3 days.

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 shares of Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 30.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,791 shares of the company’s stock after buying an additional 9,550 shares during the period. Summit Financial LLC’s holdings in Tennessee Valley Authority PARRS A 2029 were worth $899,000 as of its most recent filing with the Securities and Exchange Commission.

Tennessee Valley Authority PARRS A 2029 Price Performance

Shares of TVE stock remained flat at $22.52 during trading hours on Thursday. 12,681 shares of the stock were exchanged, compared to its average volume of 15,395. Tennessee Valley Authority PARRS A 2029 has a twelve month low of $20.72 and a twelve month high of $23.01. The firm has a fifty day moving average of $22.33 and a two-hundred day moving average of $21.95.

Tennessee Valley Authority PARRS A 2029 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.1385 per share. This represents a $0.55 annualized dividend and a yield of 2.46%. The ex-dividend date is Thursday, October 31st.

Tennessee Valley Authority PARRS A 2029 Company Profile

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.