What Makes Itron (ITRI) a Short Position?
Key takeaways
- Soumya Eswaran Thu, June 18, 2026 at 8:40 PM GMT+7 3 min read ITRI ^RUT Prosper Stars & Stripes, a long/short equity fund, recently released its first-quarter 2026 investor letter.
- In its first-quarter 2026 investor letter, Prosper Stars & Stripes highlighted stocks like Itron, Inc.
- Prosper Stars & Stripes stated the following regarding Itron, Inc.
What Makes Itron (ITRI) a Short Position? Soumya Eswaran Thu, June 18, 2026 at 8:40 PM GMT+7 3 min read ITRI ^RUT Prosper Stars & Stripes, a long/short equity fund, recently released its first-quarter 2026 investor letter. A copy of the letter is available to download here. In Q1 2026, the portfolio underperformed with a net return of (-5.6%) compared to the Russell 2000 Index’s +0.9% return and the HFRX Equity Hedge Index’s -1.5% return. Long book performance was negative, while the short book contributed positively. Geopolitics significantly influenced the first quarter, contributing to increased inflation pressures and elevated energy prices. Additionally, you can review the Portfolio’s top 5 holdings to see its best picks for 2026.
In its first-quarter 2026 investor letter, Prosper Stars & Stripes highlighted stocks like Itron, Inc. (NASDAQ:ITRI). Itron, Inc. (NASDAQ:ITRI) is a technology solutions and service company that focuses on water and energy resources management. On June 17, 2026, Itron, Inc. (NASDAQ:ITRI) stock closed at $79.26 per share. One-month return of Itron, Inc. (NASDAQ:ITRI) was -2.22%, and its shares lost 36.95% over the past twelve months. Itron, Inc. (NASDAQ:ITRI) has a market capitalization of about $3.51 billion.
Prosper Stars & Stripes stated the following regarding Itron, Inc. (NASDAQ:ITRI) in its Q1 2026 investor letter: