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

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

Thornburg Income Builder Opportunities Trust Stock Up 0.7 %

Shares of NASDAQ:TBLD opened at $17.63 on Tuesday. Thornburg Income Builder Opportunities Trust has a 12-month low of $15.19 and a 12-month high of $17.89. The stock’s 50-day moving average price is $16.90 and its 200-day moving average price 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. Shareholders of record on Thursday, February 13th were paid a $0.1042 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.25 dividend on an annualized basis and a yield of 7.09%.

Institutional Trading of Thornburg Income Builder Opportunities Trust

Hedge funds and other institutional investors have recently bought and sold shares of the stock. D.A. Davidson & CO. increased its stake in shares of Thornburg Income Builder Opportunities Trust by 4.5% in the fourth quarter. D.A. Davidson & CO. now owns 52,840 shares of the company’s stock worth $860,000 after buying an additional 2,292 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Thornburg Income Builder Opportunities Trust by 77.8% in 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 last quarter. Janney Montgomery Scott LLC increased its position in shares of Thornburg Income Builder Opportunities Trust by 3.1% in the third quarter. Janney Montgomery Scott LLC now owns 61,001 shares of the company’s stock valued at $1,087,000 after acquiring an additional 1,861 shares during the period. Oppenheimer & Co. Inc. raised its stake in shares of Thornburg Income Builder Opportunities Trust by 10.2% during the third quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock valued at $674,000 after acquiring an additional 3,500 shares during the last quarter. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $1,165,000.

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.