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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the target of a large decline in short interest during the month of 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 daily trading volume, of 84,600 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

Several institutional investors and hedge funds have recently modified their holdings of the business. SouthState Corp bought a new position in Thornburg Income Builder Opportunities Trust during the fourth quarter valued at about $87,000. Beck Mack & Oliver LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter valued at about $163,000. Silver Oak Securities Incorporated bought a new position in shares of Thornburg Income Builder Opportunities Trust in the 4th quarter valued at approximately $183,000. Calamos Advisors LLC lifted its holdings in Thornburg Income Builder Opportunities Trust by 23.8% in the 4th quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock worth $208,000 after purchasing an additional 2,450 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Thornburg Income Builder Opportunities Trust during the fourth quarter worth approximately $222,000.

Thornburg Income Builder Opportunities Trust Trading Up 0.7 %

Shares of NASDAQ TBLD traded up $0.13 during trading hours on Monday, hitting $17.63. The stock had a trading volume of 64,931 shares, compared to its average volume of 77,196. The firm’s 50-day moving average price is $16.90 and its two-hundred day moving average price is $17.00. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.19 and a 52 week high of $17.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, February 13th were paid a dividend of $0.1042 per share. The ex-dividend date of this dividend 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.