Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Short Interest Update

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 55,292 shares, an increase of 56.0% from the August 15th total of 35,450 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 60,868 shares, the days-to-cover ratio is currently 0.9 days.

Thornburg Multi Sector Bond ETF Stock Performance

NASDAQ TMB traded down $0.05 on Friday, hitting $24.96. 11,276 shares of the company’s stock were exchanged, compared to its average volume of 69,701. Thornburg Multi Sector Bond ETF has a fifty-two week low of $24.88 and a fifty-two week high of $26.52. The firm’s 50-day moving average price is $25.21 and its two-hundred day moving average price is $25.40.

Institutional Investors Weigh In On Thornburg Multi Sector Bond ETF

A number of large investors have recently bought and sold shares of TMB. Spartan Wealth Advisory Services LLC acquired a new position in shares of Thornburg Multi Sector Bond ETF in the first quarter valued at approximately $9,601,000. Flynn Zito Capital Management LLC acquired a new position in shares of Thornburg Multi Sector Bond ETF during the first quarter worth about $4,243,000. Cornerstone Wealth Group LLC boosted its position in shares of Thornburg Multi Sector Bond ETF by 94.6% in the first quarter. Cornerstone Wealth Group LLC now owns 137,692 shares of the company’s stock worth $3,522,000 after buying an additional 66,932 shares during the period. Integrity Wealth Solutions LLC boosted its position in shares of Thornburg Multi Sector Bond ETF by 21.0% in the first quarter. Integrity Wealth Solutions LLC now owns 107,846 shares of the company’s stock worth $2,751,000 after buying an additional 18,687 shares during the period. Finally, Clay Northam Wealth Management LLC grew its stake in shares of Thornburg Multi Sector Bond ETF by 6.5% in the second quarter. Clay Northam Wealth Management LLC now owns 67,400 shares of the company’s stock valued at $1,709,000 after buying an additional 4,100 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.