Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Shares Shorted: Short Interest Up 1,075.9% in October

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 39,391 shares, a growth of 1,075.9% from the September 30th total of 3,350 shares. Based on an average daily volume of 64,423 shares, the short-interest ratio is presently 0.6 days.

Thornburg Income Builder Opportunities Trust Trading Up 0.1%

Thornburg Income Builder Opportunities Trust stock opened at $20.33 on Wednesday. The business’s 50-day simple moving average is $21.03 and its 200-day simple moving average is $21.58. Thornburg Income Builder Opportunities Trust has a 52 week low of $19.48 and a 52 week high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 13th were issued a dividend of $0.1042 per share. The ex-dividend date of this dividend was Tuesday, October 13th. This represents a $1.25 annualized dividend and a yield of 6.1%.

Insider Transactions at Thornburg Income Builder Opportunities Trust

In other Thornburg Income Builder Opportunities Trust news, insider Anne W. Kritzmire purchased 3,440 shares of the stock in a transaction dated Wednesday, August 5th. The shares were bought at an average cost of $22.20 per share, with a total value of $76,368.00. Following the completion of the acquisition, the insider owned 4,840 shares of the company’s stock, valued at approximately $107,448. This trade represents a 245.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Trading of Thornburg Income Builder Opportunities Trust

Several institutional investors have recently added to or reduced their stakes in TBLD. DKM Wealth Management Inc. boosted its stake in Thornburg Income Builder Opportunities Trust by 1.6% in the 3rd quarter. DKM Wealth Management Inc. now owns 973,499 shares of the company’s stock worth $19,782,000 after purchasing an additional 15,726 shares during the period. Kera Capital Partners Inc. raised its stake in Thornburg Income Builder Opportunities Trust by 4.2% in the 1st quarter. Kera Capital Partners Inc. now owns 453,342 shares of the company’s stock worth $9,586,000 after acquiring an additional 18,441 shares during the last quarter. Shaker Financial Services LLC purchased a new stake in Thornburg Income Builder Opportunities Trust in the 3rd quarter worth approximately $4,335,000. Rockefeller Capital Management L.P. increased its stake in shares of Thornburg Income Builder Opportunities Trust by 11.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 157,334 shares of the company’s stock worth $3,162,000 after purchasing an additional 15,912 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in Thornburg Income Builder Opportunities Trust during the 2nd quarter valued at about $3,078,000.

Thornburg Income Builder Opportunities Trust Company Profile

Thornburg Income Builder Opportunities Trust is a closed-end investment company listed on the Nasdaq under the symbol TBLD. The trust is advised by Thornburg Investment Management, an asset manager known for managing equity and fixed-income portfolios.

The trust seeks to provide investors with current income and long-term capital appreciation. It pursues this objective through a flexible, diversified portfolio that may include dividend-paying common stocks, preferred securities, convertible securities, corporate bonds, government and agency securities, and other income-producing investments.

TBLD can invest in both U.S.