ARISTIDES CAPITAL LLC purchased 26.6% of their position (38.15K shares) of TORTOISE ENERGY INDEPENDENCE FUND, INC. on the open market
Open‑market purchase worth $403.5K — a significant purchase. The strongest form of insider conviction signal.
P · 6 purchases
Filed: 10/26/2020ACC: 0001595521-20-000013
10% Owner
Since Oct 2020
+38.15K
Net shares
Net buyer
$403.5K
Total acquired
6
Open market trades
6B · 0S
6
Total transactions
38.15K acquired
Non-Derivative Transactions6
Common Stock
Indirect
Shares
+2.44K
Price / share
$10.63
Trade value
$25.92K
% of position
2.9%
10/22/2020
84.50K→86.94K
Common Stock
Indirect
Shares
+4.53K
Price / share
$10.63
Trade value
$48.13K
% of position
2.9%
10/22/2020
156.93K→161.46K
Common Stock
Indirect
Shares
+5.22K
Price / share
$10.75
Trade value
$56.08K
% of position
6.0%
10/23/2020
86.94K→92.16K
Common Stock
Indirect
Shares
+9.69K
Price / share
$10.75
Trade value
$104.16K
% of position
6.0%
10/23/2020
161.46K→171.15K
Common Stock
Indirect
Shares
+5.70K
Price / share
$10.40
Trade value
$59.24K
% of position
6.2%
10/26/2020
92.16K→97.85K
Common Stock
Indirect
Shares
+10.58K
Price / share
$10.40
Trade value
$110.02K
% of position
6.2%
10/26/2020
171.15K→181.73K
Total
Net shares
+38.15K
Net value
$403.55K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 10/22/2020 | P · Purchase | +2.44K | $10.63 | $25.92K | 2.9% | 84.50K | 86.94K |
| Common Stock Indirect | 10/22/2020 | P · Purchase | +4.53K | $10.63 | $48.13K | 2.9% | 156.93K | 161.46K |
| Common Stock Indirect | 10/23/2020 | P · Purchase | +5.22K | $10.75 | $56.08K | 6.0% | 86.94K | 92.16K |
| Common Stock Indirect | 10/23/2020 | P · Purchase | +9.69K | $10.75 | $104.16K | 6.0% | 161.46K | 171.15K |
| Common Stock Indirect | 10/26/2020 | P · Purchase | +5.70K | $10.40 | $59.24K | 6.2% | 92.16K | 97.85K |
| Common Stock Indirect | 10/26/2020 | P · Purchase | +10.58K | $10.40 | $110.02K | 6.2% | 171.15K | 181.73K |
| Total | +38.15K | $403.55K | ||||||
Derivative Transactions0
No derivative transactions reported