Short Interest in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Rises By 101.4%

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 14,300 shares, an increase of 101.4% from the December 15th total of 7,100 shares. Based on an average daily trading volume, of 83,900 shares, the short-interest ratio is currently 0.2 days.

Thornburg Income Builder Opportunities Trust Stock Up 1.0 %

Thornburg Income Builder Opportunities Trust stock traded up $0.17 during mid-day trading on Thursday, reaching $16.70. The company’s stock had a trading volume of 40,278 shares, compared to its average volume of 63,518. The firm’s fifty day moving average price is $16.54 and its two-hundred day moving average price is $16.82. Thornburg Income Builder Opportunities Trust has a 12-month low of $15.14 and a 12-month high of $17.89.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, January 21st. Investors of record on Monday, December 30th will be paid a dividend of $0.1042 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.49%.

Institutional Trading of Thornburg Income Builder Opportunities Trust

A number of institutional investors have recently added to or reduced their stakes in TBLD. Sanctuary Advisors LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust during the second quarter valued at about $2,350,000. Commonwealth Equity Services LLC grew its stake in Thornburg Income Builder Opportunities Trust by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock valued at $396,000 after acquiring an additional 2,900 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in Thornburg Income Builder Opportunities Trust by 77.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 107,283 shares of the company’s stock worth $1,912,000 after acquiring an additional 46,958 shares during the period. Raymond James & Associates lifted its stake in Thornburg Income Builder Opportunities Trust by 67.4% in the 3rd quarter. Raymond James & Associates now owns 551,519 shares of the company’s stock worth $9,828,000 after purchasing an additional 222,077 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in Thornburg Income Builder Opportunities Trust by 3.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 61,001 shares of the company’s stock valued at $1,087,000 after purchasing an additional 1,861 shares during the period.

About Thornburg Income Builder Opportunities Trust

The Trust is a global, multi-asset, actively managed portfolio that seeks to generate an attractive income stream by providing investors differentiated access to a dynamic blend of income generating investments. Thornburg believes that markets are inefficient with respect to the assessment of risk and reward due to the siloed nature of multi-asset analysis.