Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Sees Significant Decline in Short Interest

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the target of 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 daily volume of 79,000 shares, the days-to-cover ratio is presently 0.1 days.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of NASDAQ TBLD opened at $16.28 on Wednesday. The stock’s 50-day moving average is $16.73 and its 200 day moving average is $16.79. Thornburg Income Builder Opportunities Trust has a 1-year low of $15.14 and a 1-year high of $17.89.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Monday, December 30th will be given 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 yield of 7.68%.

Institutional Trading of Thornburg Income Builder Opportunities Trust

Several large investors have recently modified their holdings of the business. Sanctuary Advisors LLC boosted its stake in Thornburg Income Builder Opportunities Trust by 7.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 162,916 shares of the company’s stock worth $2,693,000 after purchasing an additional 10,724 shares in the last quarter. Stifel Financial Corp raised its position in Thornburg Income Builder Opportunities Trust by 25.1% in the 3rd quarter. Stifel Financial Corp now owns 480,098 shares of the company’s stock worth $8,555,000 after buying an additional 96,448 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Thornburg Income Builder Opportunities Trust by 77.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 107,283 shares of the company’s stock valued at $1,912,000 after acquiring an additional 46,958 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in shares of Thornburg Income Builder Opportunities Trust by 10.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock valued at $674,000 after acquiring an additional 3,500 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Thornburg Income Builder Opportunities Trust by 3.1% in the third quarter. Janney Montgomery Scott LLC now owns 61,001 shares of the company’s stock worth $1,087,000 after acquiring an additional 1,861 shares during the period.

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.