Short Interest in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Grows By 147.1%

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 19,457 shares, an increase of 147.1% from the April 30th total of 7,873 shares. Based on an average daily volume of 57,777 shares, the short-interest ratio is presently 0.3 days.

Thornburg Income Builder Opportunities Trust Trading Up 0.8%

Shares of NASDAQ:TBLD opened at $22.69 on Friday. The company has a fifty day moving average of $21.86 and a 200-day moving average of $21.13. Thornburg Income Builder Opportunities Trust has a 52-week low of $18.29 and a 52-week high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 11th were given a dividend of $0.1042 per share. The ex-dividend date was Monday, May 11th. This represents a c) dividend on an annualized basis and a yield of 5.5%.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Large investors have recently bought and sold shares of the company. DKM Wealth Management Inc. boosted its stake in shares of Thornburg Income Builder Opportunities Trust by 1.3% during the fourth quarter. DKM Wealth Management Inc. now owns 952,992 shares of the company’s stock valued at $19,155,000 after purchasing an additional 11,919 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Thornburg Income Builder Opportunities Trust by 0.5% in the third quarter. Raymond James Financial Inc. now owns 831,007 shares of the company’s stock valued at $16,529,000 after buying an additional 4,415 shares during the period. Stifel Financial Corp raised its holdings in Thornburg Income Builder Opportunities Trust by 2.4% in the 4th quarter. Stifel Financial Corp now owns 721,378 shares of the company’s stock valued at $14,500,000 after buying an additional 16,682 shares during the last quarter. Advisors Asset Management Inc. boosted its position in Thornburg Income Builder Opportunities Trust by 11.3% during the 4th quarter. Advisors Asset Management Inc. now owns 675,405 shares of the company’s stock worth $13,576,000 after buying an additional 68,635 shares during the period. Finally, Royal Bank of Canada boosted its position in Thornburg Income Builder Opportunities Trust by 10.2% during the 4th quarter. Royal Bank of Canada now owns 491,279 shares of the company’s stock worth $9,875,000 after buying an additional 45,271 shares during the period.

Thornburg Income Builder Opportunities Trust Company Profile

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a closed-end management investment company that seeks to provide a high level of total return, with an emphasis on current income and the potential for capital appreciation. Listed on the NASDAQ, the Trust offers investors access to a managed portfolio that combines income-generating securities with opportunistic equity and convertible instruments. By blending diverse asset types, the Trust aims to balance yield objectives with capital growth prospects over a full market cycle.

The Trust’s investment approach centers on assembling a diversified mix of high-yield bonds, preferred securities, convertible debt and common stocks across U.S.