Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Update

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 24,400 shares, an increase of 61.6% from the January 15th total of 15,100 shares. Based on an average daily volume of 83,800 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Wedbush Securities Inc. boosted its position in Thornburg Income Builder Opportunities Trust by 39.2% during the fourth quarter. Wedbush Securities Inc. now owns 42,171 shares of the company’s stock worth $687,000 after purchasing an additional 11,880 shares in the last quarter. DKM Wealth Management Inc. purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the 4th quarter worth about $15,912,000. LPL Financial LLC raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 92.2% in the 4th quarter. LPL Financial LLC now owns 156,026 shares of the company’s stock worth $2,540,000 after purchasing an additional 74,826 shares during the period. Virtu Financial LLC purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the 4th quarter worth about $222,000. Finally, Advisors Asset Management Inc. raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 4.6% during the 4th quarter. Advisors Asset Management Inc. now owns 542,284 shares of the company’s stock valued at $8,828,000 after buying an additional 23,791 shares during the period.

Thornburg Income Builder Opportunities Trust Price Performance

NASDAQ TBLD traded up $0.13 on Thursday, reaching $17.26. The stock had a trading volume of 32,031 shares, compared to its average volume of 64,629. The business’s 50-day moving average price is $16.67 and its 200 day moving average price is $16.90. Thornburg Income Builder Opportunities Trust has a 12-month low of $15.19 and a 12-month high of $17.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, February 13th will be issued a dividend of $0.1042 per share. This represents a $1.25 dividend on an annualized basis and a yield of 7.24%. The ex-dividend date of this dividend is Thursday, February 13th.

About Thornburg Income Builder Opportunities Trust

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.