Short Interest in Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Drops By 55.3%

Thornburg Multi Sector Bond ETF (NASDAQ:TMBGet Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 7,077 shares, a drop of 55.3% from the June 30th total of 15,843 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 83,324 shares, the short-interest ratio is presently 0.1 days.

Thornburg Multi Sector Bond ETF Trading Down 0.3%

Shares of NASDAQ:TMB opened at $25.28 on Thursday. Thornburg Multi Sector Bond ETF has a 52-week low of $25.21 and a 52-week high of $26.52. The business’s 50 day simple moving average is $25.39 and its two-hundred day simple moving average is $25.54.

Thornburg Multi Sector Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were paid a dividend of $0.0889 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, June 29th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in shares of Thornburg Multi Sector Bond ETF during the fourth quarter worth about $35,000. Sound Income Strategies LLC bought a new position in Thornburg Multi Sector Bond ETF in the 1st quarter valued at about $70,000. Sunbelt Securities Inc. acquired a new position in Thornburg Multi Sector Bond ETF during the 3rd quarter valued at about $169,000. Jane Street Group LLC acquired a new position in Thornburg Multi Sector Bond ETF during the 1st quarter valued at about $230,000. Finally, Global View Capital Management LLC bought a new stake in Thornburg Multi Sector Bond ETF during the 2nd quarter worth approximately $248,000.

About Thornburg Multi Sector Bond ETF

(Get Free Report)

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.

Further Reading

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