TortoiseEcofin Acquisition Corp. III (NYSE:TRTL – Get Rating) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 12,400 shares, a drop of 62.0% from the February 13th total of 32,600 shares. Based on an average trading volume of 82,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's stock are short sold.
TortoiseEcofin Acquisition Corp. III Price Performance
Shares of TRTL remained flat at $10.21 during mid-day trading on Friday. 2 shares of the stock traded hands, compared to its average volume of 18,632. TortoiseEcofin Acquisition Corp. III has a one year low of $9.62 and a one year high of $10.40. The stock has a 50 day moving average of $10.10 and a 200-day moving average of $9.94.
Get
TortoiseEcofin Acquisition Corp. III alerts:
Hedge Funds Weigh In On TortoiseEcofin Acquisition Corp. III
A number of large investors have recently modified their holdings of the business. Taconic Capital Advisors LP grew its stake in shares of TortoiseEcofin Acquisition Corp. III by 424.9% in the third quarter. Taconic Capital Advisors LP now owns 787,353 shares of the company's stock valued at $7,732,000 after buying an additional 637,353 shares in the last quarter. Kepos Capital LP grew its position in shares of TortoiseEcofin Acquisition Corp. III by 1,174.7% in the 4th quarter. Kepos Capital LP now owns 550,000 shares of the company's stock valued at $5,473,000 after acquiring an additional 506,852 shares during the period. Westchester Capital Management LLC increased its stake in shares of TortoiseEcofin Acquisition Corp. III by 46.4% during the 2nd quarter. Westchester Capital Management LLC now owns 772,801 shares of the company's stock worth $7,465,000 after purchasing an additional 245,076 shares during the last quarter. Barclays PLC raised its holdings in shares of TortoiseEcofin Acquisition Corp. III by 214.1% in the 3rd quarter. Barclays PLC now owns 335,119 shares of the company's stock valued at $3,291,000 after purchasing an additional 228,415 shares during the period. Finally, First Trust Capital Management L.P. acquired a new stake in TortoiseEcofin Acquisition Corp. III in the 4th quarter valued at about $1,063,000. 71.01% of the stock is currently owned by institutional investors and hedge funds.
About TortoiseEcofin Acquisition Corp. III
(Get Rating)
TortoiseEcofin Acquisition Corp. III does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Overland Park, Kansas.
Recommended Stories
- Get a free copy of the StockNews.com research report on TortoiseEcofin Acquisition Corp. III (TRTL)
- What the SVB Financial Collapse Means for U.S. Banks
- MarketBeat Week in Review – 3/6 – 3/10
- 2 Offshore Drilling Stocks Set to Extract Big Profits
- Three Staples Stocks With Double-Digit Upside Ahead
- Can Investors Trust Consumers to Lift American Outdoor Brands?
Receive News & Ratings for TortoiseEcofin Acquisition Corp. III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TortoiseEcofin Acquisition Corp. III and related companies with MarketBeat.com's FREE daily email newsletter.
