Short Interest in Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Rises By 90.0%

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 13,448 shares, an increase of 90.0% from the July 15th total of 7,077 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 24,522 shares, the short-interest ratio is currently 0.5 days.

Thornburg Multi Sector Bond ETF Stock Performance

Shares of TMB traded down $0.03 during midday trading on Monday, hitting $25.23. The stock had a trading volume of 1,667 shares, compared to its average volume of 69,505. The company has a 50 day simple moving average of $25.35 and a two-hundred day simple moving average of $25.51. Thornburg Multi Sector Bond ETF has a twelve month low of $25.11 and a twelve month high of $26.52.

Thornburg Multi Sector Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were given a $0.1028 dividend. The ex-dividend date of this dividend was Thursday, July 30th. This represents a c) dividend on an annualized basis and a yield of 4.9%. This is a boost from Thornburg Multi Sector Bond ETF’s previous monthly dividend of $0.09.

Institutional Investors Weigh In On Thornburg Multi Sector Bond ETF

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in shares of Thornburg Multi Sector Bond ETF during the 1st quarter worth approximately $230,000. Global View Capital Management LLC acquired a new position in Thornburg Multi Sector Bond ETF during the second quarter worth $248,000. Sunbelt Securities Inc. acquired a new position in Thornburg Multi Sector Bond ETF during the third quarter worth $169,000. Integrity Wealth Solutions LLC grew its position in Thornburg Multi Sector Bond ETF by 31.6% in the fourth quarter. Integrity Wealth Solutions LLC now owns 89,159 shares of the company’s stock valued at $2,281,000 after purchasing an additional 21,411 shares in the last quarter. Finally, D.B. Root & Company LLC grew its position in Thornburg Multi Sector Bond ETF by 33.2% in the fourth quarter. D.B. Root & Company LLC now owns 167,933 shares of the company’s stock valued at $4,296,000 after purchasing an additional 41,873 shares in the last quarter.

Thornburg Multi Sector Bond ETF Company Profile

The Thornburg Multi Sector Bond ETF (TMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns b through investments in the broad fixed-income market. Securities may be of any credit quality and maturity from around the globe TMB was launched on Feb 5, 2025 and is issued by Thornburg.