Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Down 24.1% in November

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Calamos Advisors LLC purchased a new position in shares of Thornburg Income Builder Opportunities Trust during the second quarter valued at about $250,000. Private Advisor Group LLC raised its position in shares of Thornburg Income Builder Opportunities Trust by 22.7% in the 2nd quarter. Private Advisor Group LLC now owns 111,168 shares of the company’s stock worth $1,793,000 after acquiring an additional 20,553 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Thornburg Income Builder Opportunities Trust in the 2nd quarter valued at approximately $2,350,000. Commonwealth Equity Services LLC boosted its position in shares of Thornburg Income Builder Opportunities Trust by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 24,535 shares of the company’s stock valued at $396,000 after purchasing an additional 2,900 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in Thornburg Income Builder Opportunities Trust by 77.8% in the third quarter. Rockefeller Capital Management L.P. now owns 107,283 shares of the company’s stock worth $1,912,000 after purchasing an additional 46,958 shares during the period.

Thornburg Income Builder Opportunities Trust Stock Down 0.1 %

Shares of NASDAQ:TBLD traded down $0.01 on Friday, reaching $16.53. 74,702 shares of the company traded hands, compared to its average volume of 81,444. The business’s 50-day simple moving average is $16.97 and its 200 day simple moving average is $16.76. Thornburg Income Builder Opportunities Trust has a 52 week low of $15.14 and a 52 week high of $17.89.

Thornburg Income Builder Opportunities Trust Increases Dividend

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

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.