Tortoise Global Water ESG Fund (NYSE:TBLU) Short Interest Update

Tortoise Global Water ESG Fund (NYSE:TBLUGet Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,097 shares, a drop of 47.0% from the August 15th total of 2,068 shares. Based on an average daily volume of 1,620 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Tortoise Global Water ESG Fund

A number of large investors have recently bought and sold shares of the business. Cetera Investment Advisers raised its position 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 acquiring an additional 276 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of Tortoise Global Water ESG Fund during the 1st quarter valued at about $40,000. Beckerman Institutional LLC bought a new stake in shares of Tortoise Global Water ESG Fund during the 2nd quarter valued at about $108,000. Harel Insurance Investments & Financial Services Ltd. grew its stake in Tortoise Global Water ESG Fund by 28.2% during the first 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. Finally, Thrivent Financial for Lutherans bought a new stake in Tortoise Global Water ESG Fund in the fourth quarter worth approximately $1,874,000.

Tortoise Global Water ESG Fund Stock Performance

Shares of NYSE TBLU traded down $0.20 during midday trading on Tuesday, reaching $49.30. The stock had a trading volume of 5,663 shares, compared to its average volume of 2,686. The company’s 50 day moving average price is $51.60 and its 200 day moving average price is $51.19. Tortoise Global Water ESG Fund has a twelve month low of $48.94 and a twelve month high of $56.90. The firm has a market cap of $50.28 million, a price-to-earnings ratio of -3,819.25 and a beta of 0.92.

Tortoise Global Water ESG Fund Dividend Announcement

The company also recently announced a semiannual dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 25th were issued a $0.5046 dividend. The ex-dividend date was Thursday, June 25th. This represents a yield of 196.0%. Tortoise Global Water ESG Fund’s payout ratio is presently -13,713.49%.

Tortoise Global Water ESG Fund Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Tortoise Global Water ESG Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tortoise Global Water ESG Fund and related companies with MarketBeat.com's FREE daily email newsletter.