Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Sees Large Increase in Short Interest

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 35,450 shares, an increase of 163.6% from the July 30th total of 13,448 shares. Based on an average daily trading volume, of 97,946 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the company are sold short.

Thornburg Multi Sector Bond ETF Stock Down 0.6%

Thornburg Multi Sector Bond ETF stock traded down $0.16 during trading hours on Friday, reaching $25.15. 38,273 shares of the stock were exchanged, compared to its average volume of 69,570. Thornburg Multi Sector Bond ETF has a 52-week low of $25.07 and a 52-week high of $26.52. The firm’s 50 day moving average is $25.32 and its 200 day moving average is $25.48.

Thornburg Multi Sector Bond ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 28th will be paid a dividend of $0.0865 per share. The ex-dividend date is Friday, August 28th.

Institutional Investors Weigh In On Thornburg Multi Sector Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new stake in Thornburg Multi Sector Bond ETF in the 4th quarter valued at approximately $35,000. Sound Income Strategies LLC purchased a new position in shares of Thornburg Multi Sector Bond ETF during the 1st quarter worth approximately $70,000. Sunbelt Securities Inc. purchased a new position in shares of Thornburg Multi Sector Bond ETF during the 3rd quarter worth approximately $169,000. Jane Street Group LLC acquired a new stake in shares of Thornburg Multi Sector Bond ETF in the 1st quarter valued at approximately $230,000. Finally, Global View Capital Management LLC acquired a new stake in shares of Thornburg Multi Sector Bond ETF in the 2nd quarter valued at approximately $248,000.

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.