TortoiseEcofin Acquisition Corp. III (NYSE:TRTL) Short Interest Update

TortoiseEcofin Acquisition Corp. III (NYSE:TRTL) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 51,800 shares, a growth of 1,195.0% from the March 31st total of 4,000 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 124,900 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of TortoiseEcofin Acquisition Corp. III

Several institutional investors have recently modified their holdings of the business. BCK Capital Management LP bought a new stake in TortoiseEcofin Acquisition Corp. III in the fourth quarter valued at approximately $986,000. Terrapin Asset Management LLC lifted its position in shares of TortoiseEcofin Acquisition Corp. III by 32.3% in the 3rd quarter. Terrapin Asset Management LLC now owns 123,793 shares of the company’s stock worth $1,297,000 after purchasing an additional 30,238 shares during the period. Cohanzick Management LLC boosted its stake in shares of TortoiseEcofin Acquisition Corp. III by 13.2% in the 4th quarter. Cohanzick Management LLC now owns 325,000 shares of the company’s stock valued at $3,452,000 after purchasing an additional 37,993 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of TortoiseEcofin Acquisition Corp. III during the third quarter worth $3,523,000. Finally, Kim LLC raised its stake in TortoiseEcofin Acquisition Corp. III by 1,200.0% during the fourth quarter. Kim LLC now owns 650,000 shares of the company’s stock worth $6,903,000 after buying an additional 600,000 shares during the last quarter. Institutional investors own 70.89% of the company’s stock.

TortoiseEcofin Acquisition Corp. III Trading Up 0.1 %

NYSE TRTL traded up $0.01 on Thursday, hitting $10.81. The company’s stock had a trading volume of 2,644 shares, compared to its average volume of 130,016. The company’s 50-day moving average is $10.76 and its 200 day moving average is $10.66. TortoiseEcofin Acquisition Corp. III has a 1-year low of $10.24 and a 1-year high of $11.21.

About TortoiseEcofin Acquisition Corp. III

TortoiseEcofin Acquisition Corp. III does not have significant operations. It focuses on effecting 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 Zephyr Cove, Nevada.