Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Sees Large Increase in Short Interest

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 55,292 shares, a growth of 56.0% from the August 15th total of 35,450 shares. Based on an average daily volume of 60,868 shares, the short-interest ratio is currently 0.9 days. Currently, 0.6% of the shares of the stock are sold short.

Institutional Trading of Thornburg Multi Sector Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of TMB. Spartan Wealth Advisory Services LLC acquired a new position in Thornburg Multi Sector Bond ETF during the 1st quarter worth $9,601,000. Flynn Zito Capital Management LLC acquired a new position in shares of Thornburg Multi Sector Bond ETF during the first quarter valued at $4,243,000. Cornerstone Wealth Group LLC boosted its holdings in Thornburg Multi Sector Bond ETF by 94.6% in the first quarter. Cornerstone Wealth Group LLC now owns 137,692 shares of the company’s stock valued at $3,522,000 after acquiring an additional 66,932 shares during the last quarter. Integrity Wealth Solutions LLC boosted its holdings in Thornburg Multi Sector Bond ETF by 21.0% in the first quarter. Integrity Wealth Solutions LLC now owns 107,846 shares of the company’s stock valued at $2,751,000 after acquiring an additional 18,687 shares during the last quarter. Finally, Clay Northam Wealth Management LLC increased its position in Thornburg Multi Sector Bond ETF by 6.5% in the second quarter. Clay Northam Wealth Management LLC now owns 67,400 shares of the company’s stock worth $1,709,000 after purchasing an additional 4,100 shares during the period.

Thornburg Multi Sector Bond ETF Stock Performance

NASDAQ:TMB opened at $24.95 on Friday. Thornburg Multi Sector Bond ETF has a 12 month low of $24.88 and a 12 month high of $26.52. The company’s 50-day moving average price is $25.21 and its two-hundred day moving average price is $25.39.

Thornburg Multi Sector Bond ETF Company Profile

The Thornburg Multi Sector Bond ETF (TMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns b through investments in the broad fixed-income market. Securities may be of any credit quality and maturity from around the globe TMB was launched on Feb 5, 2025 and is issued by Thornburg.