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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 51,400 shares, an increase of 24.5% from the February 28th total of 41,300 shares. Based on an average daily volume of 77,300 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. DKM Wealth Management Inc. acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the fourth quarter valued at about $15,912,000. Raymond James Financial Inc. acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the 4th quarter worth $11,365,000. Stifel Financial Corp raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 19.9% during the 4th quarter. Stifel Financial Corp now owns 575,592 shares of the company’s stock worth $9,371,000 after acquiring an additional 95,494 shares during the period. Advisors Asset Management Inc. boosted its position 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 acquiring an additional 23,791 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of Thornburg Income Builder Opportunities Trust by 0.7% in the fourth quarter. Sanctuary Advisors LLC now owns 164,039 shares of the company’s stock valued at $2,792,000 after purchasing an additional 1,123 shares during the period.

Thornburg Income Builder Opportunities Trust Trading Down 0.1 %

TBLD stock traded down $0.02 during trading on Wednesday, hitting $17.82. The stock had a trading volume of 26,992 shares, compared to its average volume of 66,495. Thornburg Income Builder Opportunities Trust has a twelve month low of $15.19 and a twelve month high of $18.03. The company’s 50-day moving average price is $17.43 and its two-hundred day moving average price is $17.09.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th were paid a $0.1042 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.01%. The ex-dividend date was Thursday, March 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.