Short Interest in Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Rises By 234.8%

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 44,200 shares, a growth of 234.8% from the August 31st total of 13,200 shares. Based on an average daily volume of 72,200 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Thornburg Income Builder Opportunities Trust

A number of institutional investors have recently bought and sold shares of TBLD. SOA Wealth Advisors LLC. purchased a new stake in Thornburg Income Builder Opportunities Trust in the 2nd quarter worth $26,000. Redmont Wealth Advisors LLC purchased a new position in shares of Thornburg Income Builder Opportunities Trust during the first quarter valued at about $32,000. Prosperity Consulting Group LLC purchased a new position in shares of Thornburg Income Builder Opportunities Trust during the first quarter valued at about $162,000. Bright Futures Wealth Management LLC. purchased a new position in shares of Thornburg Income Builder Opportunities Trust during the first quarter valued at about $186,000. Finally, Livelsberger Financial Advisory purchased a new position in shares of Thornburg Income Builder Opportunities Trust during the first quarter valued at about $200,000.

Thornburg Income Builder Opportunities Trust Trading Up 0.5 %

Shares of NASDAQ:TBLD traded up $0.09 during midday trading on Wednesday, hitting $17.60. The company had a trading volume of 31,530 shares, compared to its average volume of 83,404. Thornburg Income Builder Opportunities Trust has a 12-month low of $13.44 and a 12-month high of $17.89. The company has a fifty day moving average of $16.84 and a two-hundred day moving average of $16.27.

Thornburg Income Builder Opportunities Trust Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, September 13th were paid a $0.1042 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date was Friday, September 13th. This is a positive change from Thornburg Income Builder Opportunities Trust’s previous monthly dividend of $0.10.

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.