Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) Short Interest Update

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 12,400 shares, a growth of 195.2% from the November 30th total of 4,200 shares. Based on an average daily trading volume, of 36,400 shares, the short-interest ratio is presently 0.3 days.

Ecofin Sustainable and Social Impact Term Fund Stock Down 0.4 %

NYSE:TEAF traded down $0.05 during mid-day trading on Thursday, hitting $11.92. The stock had a trading volume of 51,790 shares, compared to its average volume of 38,932. Ecofin Sustainable and Social Impact Term Fund has a twelve month low of $11.20 and a twelve month high of $13.34. The stock has a 50-day simple moving average of $12.61 and a two-hundred day simple moving average of $12.41.

Ecofin Sustainable and Social Impact Term Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be issued a $0.09 dividend. The ex-dividend date is Friday, January 24th.

Hedge Funds Weigh In On Ecofin Sustainable and Social Impact Term Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new stake in shares of Ecofin Sustainable and Social Impact Term Fund during the 2nd quarter worth approximately $51,000. Quarry LP lifted its position in Ecofin Sustainable and Social Impact Term Fund by 14.8% in the third quarter. Quarry LP now owns 8,493 shares of the company’s stock valued at $111,000 after acquiring an additional 1,093 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its stake in Ecofin Sustainable and Social Impact Term Fund by 18.6% in the second quarter. Blue Bell Private Wealth Management LLC now owns 8,911 shares of the company’s stock valued at $103,000 after acquiring an additional 1,400 shares in the last quarter. Beckerman Institutional LLC purchased a new position in shares of Ecofin Sustainable and Social Impact Term Fund during the third quarter worth about $134,000. Finally, HighTower Advisors LLC acquired a new stake in shares of Ecofin Sustainable and Social Impact Term Fund during the third quarter worth about $137,000.

About Ecofin Sustainable and Social Impact Term Fund

Tortoise Essential Assets Income Term Fund is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors LLC It invests in equity and fixed income markets. The fund seeks to invest in securities of companies operating in the essential asset sectors, which includes education, housing, healthcare, social and human services, power, water, energy, infrastructure, basic materials, industrial, transportation and telecommunications sectors.