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 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 days-to-cover ratio is presently 0.7 days.

Institutional Trading of Thornburg Income Builder Opportunities Trust

Institutional investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its stake in shares of Thornburg Income Builder Opportunities Trust by 77.8% in the third quarter. Rockefeller Capital Management L.P. now owns 107,283 shares of the company’s stock valued at $1,912,000 after purchasing an additional 46,958 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of Thornburg Income Builder Opportunities Trust by 4.5% in the 4th quarter. D.A. Davidson & CO. now owns 52,840 shares of the company’s stock valued at $860,000 after buying an additional 2,292 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter worth about $11,365,000. Oppenheimer & Co. Inc. boosted its position in shares of Thornburg Income Builder Opportunities Trust by 12.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 42,548 shares of the company’s stock valued at $693,000 after acquiring an additional 4,703 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Thornburg Income Builder Opportunities Trust during the 4th quarter valued at about $222,000.

Thornburg Income Builder Opportunities Trust Stock Down 0.3 %

Shares of TBLD opened at $17.79 on Thursday. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.19 and a 52 week high of $18.03. The company has a 50-day simple moving average of $17.45 and a 200-day simple moving average of $17.10.

Thornburg Income Builder Opportunities Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th were issued a $0.1042 dividend. The ex-dividend date was Thursday, March 13th. This represents a $1.25 annualized dividend and a yield of 7.03%.

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.