Tortoise Global Water ESG Fund (NYSE:TBLU) Stock Short Interest Drops 80.7%

Tortoise Global Water ESG Fund (NYSE:TBLU) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 216 shares, a drop of 80.7% from the September 15th total of 1,121 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,618 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Tortoise Global Water ESG Fund

Large investors have recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Tortoise Global Water ESG Fund by 28.2% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 52,550 shares of the company’s stock worth $2,650,000 after purchasing an additional 11,574 shares during the period. Cetera Investment Advisers boosted its holdings in shares of 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 worth $260,000 after buying an additional 276 shares during the last quarter. Beckerman Institutional LLC purchased a new position in shares of Tortoise Global Water ESG Fund in the 2nd quarter worth about $108,000. Finally, Western Wealth Management LLC bought a new position in Tortoise Global Water ESG Fund during the first quarter valued at about $40,000.

Tortoise Global Water ESG Fund Stock Up 0.3%

TBLU stock traded up $0.13 during midday trading on Monday, hitting $49.54. The company’s stock had a trading volume of 869 shares, compared to its average volume of 2,621. The stock’s 50-day moving average price is $50.35 and its 200 day moving average price is $51.11. Tortoise Global Water ESG Fund has a 1 year low of $48.11 and a 1 year high of $56.90. The stock has a market cap of $54.99 million, a price-to-earnings ratio of -3,838.23 and a beta of 0.92.

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.