Short Interest in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Decreases By 77.5%

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 10,800 shares, a decline of 77.5% from the October 31st total of 48,000 shares. Based on an average daily trading volume, of 71,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. SOA Wealth Advisors LLC. bought a new position in Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at about $26,000. Bright Futures Wealth Management LLC. bought a new stake in Thornburg Income Builder Opportunities Trust during the first quarter worth $186,000. Livelsberger Financial Advisory purchased a new stake in Thornburg Income Builder Opportunities Trust in the 1st quarter valued at $200,000. Calamos Advisors LLC bought a new position in Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at $250,000. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in Thornburg Income Builder Opportunities Trust by 310.5% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 16,208 shares of the company’s stock worth $261,000 after acquiring an additional 12,260 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Stock Up 0.4 %

NASDAQ:TBLD traded up $0.06 on Thursday, hitting $16.69. The stock had a trading volume of 64,687 shares, compared to its average volume of 80,469. Thornburg Income Builder Opportunities Trust has a 52 week low of $14.81 and a 52 week high of $17.89. The business’s fifty day moving average is $17.17 and its 200 day moving average is $16.70.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.104 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.25 dividend on an annualized basis and a yield of 7.48%.

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.