Tortoise AI Infrastructure ETF (NYSE:TCAI) Short Interest Update

Tortoise AI Infrastructure ETF (NYSE:TCAI) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,549 shares, a decline of 48.4% from the June 30th total of 3,002 shares. Based on an average daily volume of 90,798 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of Tortoise AI Infrastructure ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TCAI. BIP Wealth LLC acquired a new position in shares of Tortoise AI Infrastructure ETF in the 1st quarter valued at approximately $513,000. GM Advisory Group LLC acquired a new stake in Tortoise AI Infrastructure ETF during the 1st quarter worth approximately $273,000. Sandy Cove Advisors LLC acquired a new stake in Tortoise AI Infrastructure ETF during the 2nd quarter worth approximately $280,000. Parallel Advisors LLC lifted its stake in Tortoise AI Infrastructure ETF by 5.9% in the first quarter. Parallel Advisors LLC now owns 64,529 shares of the company’s stock valued at $2,235,000 after buying an additional 3,578 shares in the last quarter. Finally, Sterneck Capital Management LLC boosted its holdings in shares of Tortoise AI Infrastructure ETF by 2.8% in the first quarter. Sterneck Capital Management LLC now owns 122,943 shares of the company’s stock valued at $4,259,000 after buying an additional 3,329 shares during the period.

Tortoise AI Infrastructure ETF Stock Performance

TCAI traded down $1.56 during mid-day trading on Wednesday, reaching $42.67. The stock had a trading volume of 121,653 shares, compared to its average volume of 89,007. The stock has a fifty day moving average price of $51.87. Tortoise AI Infrastructure ETF has a 52 week low of $24.45 and a 52 week high of $58.63.

The Tortoise AI Infrastructure ETF (NYSE: TCAI) is an exchange-traded fund that provides investors with targeted exposure to companies involved in the infrastructure that enables artificial intelligence. The fund aims to capture businesses that contribute to AI development, deployment and operations rather than focusing on consumer-facing applications of AI. It is listed on the New York Stock Exchange under the ticker TCAI.

Holdings in the fund typically span a range of sectors that support AI workloads, including semiconductor and chip manufacturers, data center operators, cloud and infrastructure service providers, networking and storage vendors, and software firms that deliver AI development tools and platforms.