Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Update

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 8,200 shares, a decline of 24.1% from the November 15th total of 10,800 shares. Based on an average trading volume of 75,900 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

A number of large investors have recently added to or reduced their stakes in TBLD. Raymond James & Associates raised its holdings in Thornburg Income Builder Opportunities Trust by 67.4% in the 3rd quarter. Raymond James & Associates now owns 551,519 shares of the company’s stock valued at $9,828,000 after acquiring an additional 222,077 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Thornburg Income Builder Opportunities Trust by 25.1% during the 3rd quarter. Stifel Financial Corp now owns 480,098 shares of the company’s stock worth $8,555,000 after buying an additional 96,448 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in shares of Thornburg Income Builder Opportunities Trust by 7.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 162,916 shares of the company’s stock valued at $2,693,000 after purchasing an additional 10,724 shares in the last quarter. Private Advisor Group LLC boosted its position in Thornburg Income Builder Opportunities Trust by 5.9% in the third quarter. Private Advisor Group LLC now owns 117,706 shares of the company’s stock valued at $2,098,000 after buying an additional 6,538 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in Thornburg Income Builder Opportunities Trust by 77.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 107,283 shares of the company’s stock worth $1,912,000 after acquiring an additional 46,958 shares during the last quarter.

Thornburg Income Builder Opportunities Trust Trading Down 0.1 %

Shares of TBLD stock traded down $0.01 on Friday, hitting $16.53. The company’s stock had a trading volume of 74,702 shares, compared to its average volume of 81,444. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $15.14 and a fifty-two week high of $17.89. The stock’s 50 day moving average is $16.97 and its 200-day moving average is $16.77.

Thornburg Income Builder Opportunities Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, December 12th will be given a $0.1042 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.56%. This is an increase from Thornburg Income Builder Opportunities Trust’s previous monthly dividend of $0.10. The ex-dividend date is Thursday, December 12th.

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.