Tortoise Global Water ESG Fund (NYSE:TBLU) Shares Shorted: Short Interest Down 80.7% in September

Tortoise Global Water ESG Fund (NYSE:TBLU) saw 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 sold short. Based on an average daily volume of 2,618 shares, the short-interest ratio is presently 0.1 days.

Tortoise Global Water ESG Fund Stock Performance

Shares of TBLU opened at $49.54 on Tuesday. Tortoise Global Water ESG Fund has a one year low of $48.11 and a one year high of $56.90. The stock’s fifty day moving average is $50.35 and its 200-day moving average is $51.11. The firm has a market capitalization of $54.99 million, a price-to-earnings ratio of -3,838.23 and a beta of 0.92.

Hedge Funds Weigh In On Tortoise Global Water ESG Fund

A number of institutional investors and hedge funds have recently bought and sold shares of TBLU. Beckerman Institutional LLC bought a new stake in shares of Tortoise Global Water ESG Fund during the 2nd quarter worth about $108,000. Western Wealth Management LLC acquired a new stake in shares of Tortoise Global Water ESG Fund in the 1st quarter worth approximately $40,000. Cetera Investment Advisers boosted its holdings in shares of Tortoise Global Water ESG Fund by 5.7% in the first quarter. Cetera Investment Advisers now owns 5,147 shares of the company’s stock valued at $260,000 after acquiring an additional 276 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Tortoise Global Water ESG Fund by 28.2% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 52,550 shares of the company’s stock valued at $2,650,000 after acquiring an additional 11,574 shares in the last quarter.

About Tortoise Global Water ESG Fund

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.