Tortoise Energy Infrastructure (TYG) Receiving Somewhat Favorable Press Coverage, Report Shows

Headlines about Tortoise Energy Infrastructure (NYSE:TYG) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tortoise Energy Infrastructure earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.2009423622726 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of Tortoise Energy Infrastructure (TYG) traded up $0.19 during mid-day trading on Friday, hitting $29.08. The company’s stock had a trading volume of 406,685 shares, compared to its average volume of 436,469. Tortoise Energy Infrastructure has a one year low of $24.30 and a one year high of $37.11.

In related news, insider Matthew Sallee bought 5,000 shares of the stock in a transaction on Thursday, November 30th. The shares were bought at an average cost of $25.47 per share, for a total transaction of $127,350.00. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Terry Matlack bought 1,000 shares of the stock in a transaction on Tuesday, December 12th. The stock was bought at an average price of $26.13 per share, for a total transaction of $26,130.00. The disclosure for this purchase can be found here. Insiders acquired a total of 7,740 shares of company stock worth $198,613 over the last quarter. Company insiders own 0.33% of the company’s stock.

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About Tortoise Energy Infrastructure

Tortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with a focus on current distributions paid to stockholders. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products.

Insider Buying and Selling by Quarter for Tortoise Energy Infrastructure (NYSE:TYG)

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