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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 6,121 shares, a decline of 65.9% from the August 31st total of 17,948 shares. Based on an average daily trading volume, of 81,845 shares, the days-to-cover ratio is currently 0.1 days.

Insider Transactions at Thornburg Income Builder Opportunities Trust

In other Thornburg Income Builder Opportunities Trust news, insider Anne W. Kritzmire acquired 3,440 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was bought at an average price of $22.20 per share, for a total transaction of $76,368.00. Following the purchase, the insider owned 4,840 shares in the company, valued at $107,448. This represents a 245.71% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

Several large investors have recently modified their holdings of TBLD. Kera Capital Partners Inc. lifted its position in shares of Thornburg Income Builder Opportunities Trust by 4.2% during the 1st quarter. Kera Capital Partners Inc. now owns 453,342 shares of the company’s stock worth $9,586,000 after buying an additional 18,441 shares during the period. Rockefeller Capital Management L.P. raised its stake in Thornburg Income Builder Opportunities Trust by 11.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 157,334 shares of the company’s stock worth $3,162,000 after acquiring an additional 15,912 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Thornburg Income Builder Opportunities Trust during the second quarter valued at $3,078,000. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Thornburg Income Builder Opportunities Trust by 2.5% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 104,913 shares of the company’s stock worth $2,315,000 after buying an additional 2,563 shares in the last quarter. Finally, Evolve Private Wealth LLC bought a new position in shares of Thornburg Income Builder Opportunities Trust in the second quarter valued at approximately $1,721,000.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of Thornburg Income Builder Opportunities Trust stock traded up $0.14 during trading on Friday, hitting $20.48. 50,836 shares of the company’s stock traded hands, compared to its average volume of 60,767. The firm’s fifty day moving average price is $21.81 and its 200 day moving average price is $21.82. Thornburg Income Builder Opportunities Trust has a twelve month low of $19.48 and a twelve month high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 11th were paid a dividend of $0.1042 per share. The ex-dividend date was Friday, September 11th. This represents a $1.25 dividend on an annualized basis and a yield of 6.1%.

About Thornburg Income Builder Opportunities Trust

Thornburg Income Builder Opportunities Trust is a diversified closed-end management investment company traded on the Nasdaq under the symbol TBLD. The trust seeks to provide a high level of current income while also pursuing long-term capital appreciation.

TBLD invests in a mix of income-producing assets, including dividend-paying common stocks, preferred securities and fixed-income investments. Its portfolio may include securities issued by companies and organizations in the United States and other countries, providing exposure to multiple industries and geographic markets.

The trust is managed by Thornburg Investment Management, an investment adviser known for managing a range of equity, fixed-income and multi-asset strategies.