Short Interest in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Expands By 197.1%

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 41,300 shares, an increase of 197.1% from the February 13th total of 13,900 shares. Based on an average daily volume of 84,100 shares, the short-interest ratio is presently 0.5 days.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of TBLD stock opened at $17.67 on Thursday. Thornburg Income Builder Opportunities Trust has a 12-month low of $15.19 and a 12-month high of $17.89. The firm’s 50 day moving average is $17.08 and its 200 day moving average is $17.04.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 13th will be issued a $0.1042 dividend. This represents a $1.25 annualized dividend and a dividend yield of 7.07%. The ex-dividend date of this dividend is Thursday, March 13th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TBLD. SouthState Corp purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the fourth quarter worth approximately $87,000. Beck Mack & Oliver LLC bought a new position in shares of Thornburg Income Builder Opportunities Trust in the fourth quarter worth about $163,000. Silver Oak Securities Incorporated bought a new position in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter valued at approximately $183,000. Calamos Advisors LLC lifted its holdings in Thornburg Income Builder Opportunities Trust by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 12,748 shares of the company’s stock valued at $208,000 after purchasing an additional 2,450 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Thornburg Income Builder Opportunities Trust in the fourth quarter worth $222,000.

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.