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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the target of a large growth in short interest during 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 trading volume of 83,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

Several hedge funds have recently bought and sold shares of the stock. Hunter Associates Investment Management LLC raised its position in shares of Thornburg Income Builder Opportunities Trust by 23.4% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock valued at $362,000 after buying an additional 3,875 shares in the last quarter. Commonwealth Equity Services LLC lifted 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 worth $396,000 after purchasing an additional 2,900 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 10.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock worth $674,000 after purchasing an additional 3,500 shares in the last quarter. Logan Stone Capital LLC bought a new position in shares of Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at about $861,000. Finally, Almitas Capital LLC purchased a new position in shares of Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at about $882,000.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of NASDAQ:TBLD traded up $0.17 on Thursday, hitting $16.70. The company’s stock had a trading volume of 40,278 shares, compared to its average volume of 63,518. The company has a 50-day simple moving average of $16.54 and a 200 day simple moving average of $16.82. Thornburg Income Builder Opportunities Trust has a 1 year low of $15.14 and a 1 year high of $17.89.

Thornburg Income Builder Opportunities Trust Dividend Announcement

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

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.