Short Interest in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Declines By 24.1%

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

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

A number of large investors have recently modified their holdings of the company. Raymond James & Associates raised its holdings in shares of 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 worth $9,828,000 after purchasing an additional 222,077 shares during the period. Stifel Financial Corp raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 25.1% in the 3rd quarter. Stifel Financial Corp now owns 480,098 shares of the company’s stock worth $8,555,000 after purchasing an additional 96,448 shares during the period. Sanctuary Advisors LLC raised its holdings 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 worth $2,693,000 after purchasing an additional 10,724 shares during the period. Private Advisor Group LLC raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 5.9% in the 3rd quarter. Private Advisor Group LLC now owns 117,706 shares of the company’s stock worth $2,098,000 after purchasing an additional 6,538 shares during the period. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 77.8% in the 3rd 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 %

NASDAQ:TBLD traded down $0.02 during mid-day trading on Monday, reaching $16.52. The company’s stock had a trading volume of 83,950 shares, compared to its average volume of 81,454. The company’s fifty day simple moving average is $16.97 and its two-hundred day simple moving average is $16.78. Thornburg Income Builder Opportunities Trust has a twelve month low of $15.14 and a twelve month 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. Stockholders of record on Thursday, December 12th will be issued a $0.1042 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.57%. This is an increase from Thornburg Income Builder Opportunities Trust’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Thursday, December 12th.

Thornburg Income Builder Opportunities Trust Company Profile

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.