Short Interest in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Decreases By 43.0%

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 13,900 shares, a decline of 43.0% from the January 31st total of 24,400 shares. Based on an average trading volume of 84,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust in the fourth quarter worth $223,000. Stifel Financial Corp grew its position in Thornburg Income Builder Opportunities Trust by 19.9% during the 4th quarter. Stifel Financial Corp now owns 575,592 shares of the company’s stock valued at $9,371,000 after purchasing an additional 95,494 shares during the last quarter. Beck Mack & Oliver LLC bought a new stake in Thornburg Income Builder Opportunities Trust during the 4th quarter valued at about $163,000. Rockefeller Capital Management L.P. raised its holdings in Thornburg Income Builder Opportunities Trust by 16.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 125,066 shares of the company’s stock worth $2,036,000 after buying an additional 17,783 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 39.2% in the fourth quarter. Wedbush Securities Inc. now owns 42,171 shares of the company’s stock worth $687,000 after buying an additional 11,880 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of TBLD opened at $17.63 on Tuesday. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $15.19 and a fifty-two week high of $17.89. The firm’s 50-day simple moving average is $16.90 and its two-hundred day simple moving average is $17.00.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 21st. Investors of record on Thursday, February 13th were paid a $0.1042 dividend. The ex-dividend date was Thursday, February 13th. This represents a $1.25 annualized dividend and a dividend yield of 7.09%.

Thornburg Income Builder Opportunities Trust Company Profile

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.