Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Short Interest Up 163.6% in August

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 35,450 shares, an increase of 163.6% from the July 30th total of 13,448 shares. Based on an average daily trading volume, of 97,946 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are sold short.

Thornburg Multi Sector Bond ETF Stock Down 0.6%

Shares of Thornburg Multi Sector Bond ETF stock opened at $25.15 on Friday. Thornburg Multi Sector Bond ETF has a fifty-two week low of $25.07 and a fifty-two week high of $26.52. The company has a fifty day moving average of $25.32 and a 200 day moving average of $25.48.

Thornburg Multi Sector Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 28th will be paid a $0.0865 dividend. The ex-dividend date of this dividend is Friday, August 28th.

Institutional Trading of Thornburg Multi Sector Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Empire Financial Management Company LLC lifted its holdings in shares of Thornburg Multi Sector Bond ETF by 1.4% in the first quarter. Empire Financial Management Company LLC now owns 56,218 shares of the company’s stock worth $1,434,000 after buying an additional 797 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Thornburg Multi Sector Bond ETF during the fourth quarter worth $35,000. Jane Street Group LLC grew its stake in Thornburg Multi Sector Bond ETF by 22.3% during the second quarter. Jane Street Group LLC now owns 11,115 shares of the company’s stock valued at $283,000 after acquiring an additional 2,025 shares in the last quarter. Sound Income Strategies LLC purchased a new position in Thornburg Multi Sector Bond ETF during the first quarter valued at $70,000. Finally, Clay Northam Wealth Management LLC grew its stake in Thornburg Multi Sector Bond ETF by 6.5% during the second quarter. Clay Northam Wealth Management LLC now owns 67,400 shares of the company’s stock valued at $1,709,000 after acquiring an additional 4,100 shares in the last quarter.

About Thornburg Multi Sector Bond ETF

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.