Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Stock Short Interest Declines 73.9%

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 2,524 shares, a drop of 73.9% from the October 15th total of 9,675 shares. Based on an average daily volume of 1,701 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.3% of the company’s stock are short sold.

Thornburg Core Plus Bond ETF Stock Performance

Shares of TPLS stock opened at $24.36 on Thursday. The firm has a fifty day simple moving average of $24.33 and a two-hundred day simple moving average of $24.98. Thornburg Core Plus Bond ETF has a 12 month low of $23.85 and a 12 month high of $26.00.

Thornburg Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 29th were paid a $0.0933 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from Thornburg Core Plus Bond ETF’s previous monthly dividend of $0.0883. The ex-dividend date of this dividend was Thursday, October 29th.

Thornburg Core Plus Bond ETF Company Profile

The Thornburg Core Plus Bond ETF (TPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns through investments in the broad US fixed-income market. Securities can be of any credit quality and maturity. TPLS was launched on Feb 5, 2025 and is issued by Thornburg.