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

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 14,300 shares, an increase of 101.4% from the December 15th total of 7,100 shares. Based on an average daily volume of 83,900 shares, the short-interest ratio is presently 0.2 days.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of Thornburg Income Builder Opportunities Trust stock traded up $0.10 during midday trading on Tuesday, hitting $16.38. 8,003 shares of the company were exchanged, compared to its average volume of 62,686. The firm has a 50 day simple moving average of $16.57 and a 200-day simple moving average of $16.82. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.14 and a 52 week high of $17.89.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, January 21st. Investors of record on Monday, December 30th will be issued a dividend of $0.1042 per share. The ex-dividend date is Monday, December 30th. This represents a $1.25 dividend on an annualized basis and a yield of 7.63%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hunter Associates Investment Management LLC lifted its position in Thornburg Income Builder Opportunities Trust by 23.4% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 20,400 shares of the company’s stock valued at $362,000 after purchasing an additional 3,875 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Thornburg Income Builder Opportunities Trust by 13.4% in the second quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock valued at $396,000 after buying an additional 2,900 shares during the period. Oppenheimer & Co. Inc. grew its holdings in 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 worth $674,000 after acquiring an additional 3,500 shares during the period. Logan Stone Capital LLC bought a new stake in shares of Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at $861,000. Finally, Almitas Capital LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at $882,000.

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.