Tortoise Global Water ESG Fund (NYSE:TBLU) Shares Shorted: Short Interest Down 54.2% in October

Tortoise Global Water ESG Fund (NYSE:TBLU) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 99 shares, a drop of 54.2% from the September 30th total of 216 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,546 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Tortoise Global Water ESG Fund by 28.2% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 52,550 shares of the company’s stock worth $2,650,000 after acquiring an additional 11,574 shares during the period. Cetera Investment Advisers increased its stake in Tortoise Global Water ESG Fund by 5.7% in the 1st quarter. Cetera Investment Advisers now owns 5,147 shares of the company’s stock valued at $260,000 after purchasing an additional 276 shares in the last quarter. Beckerman Institutional LLC acquired a new position in Tortoise Global Water ESG Fund during the second quarter worth $108,000. Finally, Western Wealth Management LLC acquired a new position in Tortoise Global Water ESG Fund during the first quarter worth $40,000.

Tortoise Global Water ESG Fund Stock Up 0.4%

Shares of Tortoise Global Water ESG Fund stock traded up $0.21 during trading on Friday, reaching $50.87. The company’s stock had a trading volume of 1,782 shares, compared to its average volume of 2,552. The business has a 50 day moving average price of $49.98 and a 200-day moving average price of $50.77. The company has a market capitalization of $55.44 million, a P/E ratio of -3,940.96 and a beta of 0.92. Tortoise Global Water ESG Fund has a 12-month low of $48.11 and a 12-month high of $56.90.

Tortoise Global Water ESG Fund Company Profile

The Tortoise Global Water ESG Fund (TBLU) is an exchange-traded fund that is based on the Ecofin Global Water ESG index. EBLU tracks an index of water infrastructure and management companies listed in developed countries. TBLU was launched on Feb 14, 2017 and is issued by Tortoise.