Tortoise AI Infrastructure ETF (NYSE:TCAI) Stock Short Interest Report for October

Tortoise AI Infrastructure ETF (NYSE:TCAI) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 84,838 shares, an increase of 250.5% from the October 15th total of 24,204 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 94,630 shares, the days-to-cover ratio is currently 0.9 days.

Tortoise AI Infrastructure ETF Trading Down 0.9%

Shares of NYSE TCAI traded down $0.33 during trading on Thursday, reaching $36.75. The stock had a trading volume of 75,450 shares, compared to its average volume of 93,388. The business’s 50-day moving average price is $43.36 and its 200-day moving average price is $45.17. Tortoise AI Infrastructure ETF has a fifty-two week low of $27.46 and a fifty-two week high of $58.63.

Institutional Trading of Tortoise AI Infrastructure ETF

A number of large investors have recently bought and sold shares of TCAI. Hollencrest Capital Management grew its holdings in shares of Tortoise AI Infrastructure ETF by 272.5% during the first quarter. Hollencrest Capital Management now owns 2,313 shares of the company’s stock valued at $80,000 after buying an additional 1,692 shares in the last quarter. Sandy Cove Advisors LLC bought a new stake in shares of Tortoise AI Infrastructure ETF in the second quarter worth about $280,000. Choreo LLC boosted its holdings in shares of Tortoise AI Infrastructure ETF by 30.5% in the third quarter. Choreo LLC now owns 5,002 shares of the company’s stock valued at $235,000 after buying an additional 1,170 shares during the period. Envestnet Asset Management Inc. acquired a new position in Tortoise AI Infrastructure ETF in the 2nd quarter worth $467,000. Finally, Integrity Alliance LLC. bought a new stake in shares of Tortoise AI Infrastructure ETF in the third quarter worth $488,000.

Tortoise AI Infrastructure ETF (NYSE: TCAI) is an exchange-traded fund managed by Tortoise Capital Advisors. It is designed to give investors exposure to businesses involved in developing and supporting the infrastructure needed for artificial intelligence. The fund focuses on areas that may include data centers, power generation and transmission, semiconductors, and networking equipment. These businesses supply technology and physical infrastructure that support the computing capacity and electricity demands of AI applications.