Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Sees Significant Decline in Short Interest

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 presently 0.2 days.

Institutional Trading of Thornburg Income Builder Opportunities Trust

Several hedge funds and other institutional investors have recently made changes to their positions in TBLD. SouthState Corp purchased a new stake in Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $87,000. Beck Mack & Oliver LLC purchased a new stake in Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $163,000. Silver Oak Securities Incorporated purchased a new stake in Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $183,000. Calamos Advisors LLC boosted its holdings in Thornburg Income Builder Opportunities Trust by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock worth $208,000 after buying an additional 2,450 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $222,000.

Thornburg Income Builder Opportunities Trust Stock Up 0.5 %

Shares of NASDAQ:TBLD traded up $0.09 during midday trading on Friday, hitting $17.50. The stock had a trading volume of 82,079 shares, compared to its average volume of 77,245. The stock has a 50 day moving average price of $16.88 and a two-hundred day moving average price of $16.99. Thornburg Income Builder Opportunities Trust has a 1 year low of $15.19 and a 1 year high of $17.89.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, February 13th were issued a $0.1042 dividend. This represents a $1.25 annualized dividend and a dividend yield of 7.14%. The ex-dividend date was Thursday, February 13th.

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.