Short Interest in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Expands By 101.4%

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

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of NASDAQ:TBLD traded up $0.17 during trading on Thursday, reaching $16.70. 40,278 shares of the company traded hands, compared to its average volume of 63,493. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.14 and a 52 week high of $17.89. The company’s 50 day moving average is $16.54 and its two-hundred day moving average is $16.82.

Thornburg Income Builder Opportunities Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, January 21st. Investors of record on Monday, December 30th will be given a dividend of $0.1042 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.25 annualized dividend and a yield of 7.49%.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

A number of large investors have recently bought and sold shares of the company. Hunter Associates Investment Management LLC lifted its holdings in shares of 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 worth $362,000 after acquiring an additional 3,875 shares during the period. Commonwealth Equity Services LLC raised its position in Thornburg Income Builder Opportunities Trust by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock valued at $396,000 after purchasing an additional 2,900 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Thornburg Income Builder Opportunities Trust by 10.2% during the third quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock worth $674,000 after purchasing an additional 3,500 shares during the last quarter. Logan Stone Capital LLC acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at $861,000. Finally, Almitas Capital LLC acquired a new stake 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.