Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Down 77.5% in November

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a significant decline in short interest in the month of 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 volume of 71,700 shares, the short-interest ratio is presently 0.2 days.

Thornburg Income Builder Opportunities Trust Stock Performance

Shares of TBLD stock traded up $0.06 during trading on Thursday, reaching $16.69. 64,687 shares of the company’s stock traded hands, compared to its average volume of 80,469. The firm’s 50-day moving average is $17.17 and its 200 day moving average is $16.70. Thornburg Income Builder Opportunities Trust has a 1 year low of $14.81 and a 1 year high of $17.89.

Thornburg Income Builder Opportunities Trust Announces Dividend

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

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Several hedge funds have recently made changes to their positions in the stock. SOA Wealth Advisors LLC. bought a new stake in Thornburg Income Builder Opportunities Trust during the 2nd quarter worth approximately $26,000. Janney Montgomery Scott LLC lifted its holdings in shares of Thornburg Income Builder Opportunities Trust by 3.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 61,001 shares of the company’s stock worth $1,087,000 after acquiring an additional 1,861 shares during the last quarter. Commonwealth Equity Services LLC grew its position 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 worth $396,000 after acquiring an additional 2,900 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Thornburg Income Builder Opportunities Trust by 10.2% in the third quarter. Oppenheimer & Co. Inc. now owns 37,845 shares of the company’s stock valued at $674,000 after acquiring an additional 3,500 shares during the last quarter. Finally, Hunter Associates Investment Management LLC raised its position in Thornburg Income Builder Opportunities Trust by 23.4% during the third 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 in the last quarter.

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.