Tortoise AI Infrastructure ETF (NYSE:TCAI – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 25,735 shares, an increase of 100.3% from the September 15th total of 12,848 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 43,013 shares, the days-to-cover ratio is currently 0.6 days.
Institutional Investors Weigh In On Tortoise AI Infrastructure ETF
Institutional investors have recently bought and sold shares of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in Tortoise AI Infrastructure ETF by 39.8% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 106,434 shares of the company’s stock valued at $4,994,000 after purchasing an additional 30,303 shares in the last quarter. Sterneck Capital Management LLC raised its stake 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 acquiring an additional 3,329 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of 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 acquiring an additional 3,578 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Tortoise AI Infrastructure ETF by 14.0% in the third quarter. Farther Finance Advisors LLC now owns 47,488 shares of the company’s stock valued at $2,228,000 after purchasing an additional 5,818 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in Tortoise AI Infrastructure ETF in the second quarter valued at $1,085,000.
Tortoise AI Infrastructure ETF Trading Down 3.7%
Shares of Tortoise AI Infrastructure ETF stock opened at $40.89 on Friday. The firm has a 50-day simple moving average of $46.85 and a two-hundred day simple moving average of $47.64. Tortoise AI Infrastructure ETF has a fifty-two week low of $27.46 and a fifty-two week high of $58.63.
Tortoise AI Infrastructure ETF (NYSE: TCAI) is an exchange-traded fund managed by Tortoise Capital Advisors. The fund is designed to provide investors with exposure to companies involved in the development, operation and support of artificial intelligence infrastructure.
TCAI’s investment focus may include businesses that supply the computing, semiconductor, data center, networking, power-generation, cooling and other technology systems required to build and operate AI applications. Rather than producing AI software itself, the fund emphasizes companies that support the broader infrastructure ecosystem.
The ETF may invest across multiple industries and geographies, depending on its investment strategy and portfolio holdings.
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