Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Update

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

Thornburg Income Builder Opportunities Trust Trading Up 0.6 %

Shares of Thornburg Income Builder Opportunities Trust stock traded up $0.10 during trading hours on Tuesday, reaching $16.38. 8,003 shares of the company’s stock were exchanged, compared to its average volume of 62,686. The company has a 50 day moving average of $16.57 and a two-hundred day moving average of $16.82. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $15.14 and a fifty-two week high of $17.89.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Monday, December 30th will be given a dividend of $0.1042 per share. This represents a $1.25 annualized dividend and a yield of 7.63%. The ex-dividend date is Monday, December 30th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Hunter Associates Investment Management LLC grew its holdings in Thornburg Income Builder Opportunities Trust by 23.4% during the third quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock worth $362,000 after purchasing an additional 3,875 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of Thornburg Income Builder Opportunities Trust by 13.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock worth $396,000 after acquiring an additional 2,900 shares during the period. Oppenheimer & Co. Inc. increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 10.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock worth $674,000 after acquiring an additional 3,500 shares during the last quarter. Logan Stone Capital LLC bought a new stake in Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at $861,000. Finally, Almitas Capital LLC acquired a new stake in Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at $882,000.

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.