Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Down 13.4% in December

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 7,100 shares, a drop of 13.4% from the November 30th total of 8,200 shares. Based on an average trading volume of 79,000 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Several large investors have recently bought and sold shares of TBLD. Janney Montgomery Scott LLC grew its stake in shares of Thornburg Income Builder Opportunities Trust by 3.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 61,001 shares of the company’s stock valued at $1,087,000 after buying an additional 1,861 shares during the period. Commonwealth Equity Services LLC raised its holdings in Thornburg Income Builder Opportunities Trust by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock worth $396,000 after buying an additional 2,900 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Thornburg Income Builder Opportunities Trust by 10.2% in the third quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock valued at $674,000 after buying an additional 3,500 shares in the last quarter. Hunter Associates Investment Management LLC increased its position in shares of Thornburg Income Builder Opportunities Trust by 23.4% during the third quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock worth $362,000 after acquiring an additional 3,875 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 5.9% in the 3rd quarter. Private Advisor Group LLC now owns 117,706 shares of the company’s stock worth $2,098,000 after acquiring an additional 6,538 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of Thornburg Income Builder Opportunities Trust stock opened at $16.28 on Wednesday. Thornburg Income Builder Opportunities Trust has a 52-week low of $15.14 and a 52-week high of $17.89. The firm has a 50-day moving average of $16.73 and a 200-day moving average of $16.79.

Thornburg Income Builder Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Monday, December 30th will be issued a dividend of $0.1042 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.25 annualized dividend and a dividend yield of 7.68%.

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.