Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Short Interest Up 72.9% in March

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 20,400 shares, an increase of 72.9% from the March 15th total of 11,800 shares. Based on an average daily volume of 28,800 shares, the days-to-cover ratio is presently 0.7 days.

Tennessee Valley Authority PARRS A 2029 Stock Down 0.3 %

Shares of TVE stock opened at $23.12 on Thursday. The business’s fifty day moving average is $23.09 and its 200 day moving average is $22.68. Tennessee Valley Authority PARRS A 2029 has a twelve month low of $21.40 and a twelve month high of $25.30.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Wednesday, April 30th will be given a $0.1385 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Wednesday, April 30th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC lifted its stake in Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 4.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 as of its most recent filing with the Securities & Exchange Commission.

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.