Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Up 133.3% in October

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 32,900 shares, an increase of 133.3% from the September 30th total of 14,100 shares. Based on an average daily volume of 73,100 shares, the days-to-cover ratio is currently 0.5 days.

Thornburg Income Builder Opportunities Trust Trading Up 0.8 %

NASDAQ:TBLD traded up $0.14 during trading hours on Monday, reaching $17.28. The company had a trading volume of 35,884 shares, compared to its average volume of 82,408. The business’s 50 day moving average price is $17.32 and its 200-day moving average price is $16.50. Thornburg Income Builder Opportunities Trust has a 1-year low of $13.44 and a 1-year high of $17.89.

Thornburg Income Builder Opportunities Trust Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 21st. Stockholders of record on Friday, October 11th were paid a $0.104 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.22%. The ex-dividend date was Friday, October 11th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TBLD. SOA Wealth Advisors LLC. purchased a new stake in Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at about $26,000. Redmont Wealth Advisors LLC acquired a new stake in Thornburg Income Builder Opportunities Trust during the first quarter worth approximately $32,000. Prosperity Consulting Group LLC purchased a new stake in Thornburg Income Builder Opportunities Trust in the first quarter valued at $162,000. Bright Futures Wealth Management LLC. acquired a new position in shares of Thornburg Income Builder Opportunities Trust in the 1st quarter valued at $186,000. Finally, Livelsberger Financial Advisory acquired a new position in shares of Thornburg Income Builder Opportunities Trust in the first quarter valued at approximately $200,000.

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.