Tortoise Energy Independence Fund, Inc. (NYSE:NDP) has made a 68.28% comeback from a 12-month low price of $5.99. It was seen 3.7% higher, changing the price to $10.08, when the closing bell rang on 02/13/2019. At recent session, the prices were hovering between $9.74 and $10.16. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $0. The recent change has given its price a 19.45% lead over SMA 50 and -27.48% deficit over its 52-week high. The stock witnessed 18.03% gains, -5.62% declines and -22.34% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NDP’s volatility during a week at 3.63% and during a month it has been found around 3.46%.

Tortoise Energy Independence Fund, Inc. 13F Filings

At the end of September reporting period, 17 institutional holders increased their position in Tortoise Energy Independence Fund, Inc. (NYSE:NDP) by some 235,041 shares, 19 decreased positions by 192,174 and 3 held positions by 1,133,866. That puts total institutional holdings at 1,561,081 shares, according to SEC filings. The stock grabbed 9 new institutional investments totaling 112,284 shares while 7 institutional investors sold out their entire positions totaling 34,073 shares.

Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Insider Trades

Multiple company employees have indulged in significant insider trading. Tortoise Energy Independence Fund, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Member of Investment Committee Birzer H Kevin has acquired 100 shares of Tortoise Energy Independence Fund, Inc. (NDP) in trading session dated Jan. 11, 2019. These shares are worth $852 and were traded at $8.52 each. The SEC filing shows that Ciccotello Conrad S performed a purchase of 100 shares. The Director added these shares by way of transaction on Nov. 14, 2018. The company’s shares were assimilated at $9.82 per share worth to an investment of some $982 on account of Ciccotello Conrad S.

Member of Investment Committee, Birzer H Kevin, purchased 100 common shares of Tortoise Energy Independence Fund, Inc. (NDP) in the open market. In a transaction dated Nov. 08, 2018, the shares were bought at an average price of $10.65, giving away a sum of $1,065. After this purchase, 6,750 common shares of NDP are directly owned by the insider, with total stake valued at $68,040.

In the transaction dated Nov. 08, 2018, the great number of shares acquired came courtesy the Member of Investment Committee; Thummel Robert Joseph Jr. added a total of 900 shares at an average price of $10.97, amounting to approximately $9,873. The insider now directly owns 3,000 shares worth $30,240.