Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Short Interest Update

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 55,292 shares, an increase of 56.0% from the August 15th total of 35,450 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 60,868 shares, the days-to-cover ratio is currently 0.9 days.

Thornburg Multi Sector Bond ETF Stock Performance

TMB stock traded up $0.06 during midday trading on Thursday, hitting $24.98. The company’s stock had a trading volume of 1,054 shares, compared to its average volume of 69,679. Thornburg Multi Sector Bond ETF has a 52-week low of $24.88 and a 52-week high of $26.52. The firm has a 50-day simple moving average of $25.22 and a 200-day simple moving average of $25.40.

Institutional Trading of Thornburg Multi Sector Bond ETF

Several hedge funds have recently modified their holdings of the stock. Empire Financial Management Company LLC raised its holdings in 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 valued at $1,434,000 after acquiring an additional 797 shares in the last quarter. Sound Income Strategies LLC purchased a new position in Thornburg Multi Sector Bond ETF in the first quarter worth approximately $70,000. Clay Northam Wealth Management LLC grew its holdings in Thornburg Multi Sector Bond ETF by 6.5% during the 2nd quarter. Clay Northam Wealth Management LLC now owns 67,400 shares of the company’s stock worth $1,709,000 after acquiring an additional 4,100 shares in the last quarter. Integrity Wealth Solutions LLC grew its holdings in Thornburg Multi Sector Bond ETF by 21.0% during the 1st quarter. Integrity Wealth Solutions LLC now owns 107,846 shares of the company’s stock worth $2,751,000 after acquiring an additional 18,687 shares in the last quarter. Finally, Insight Wealth Partners LLC purchased a new stake in shares of Thornburg Multi Sector Bond ETF in the 2nd quarter valued at approximately $778,000.

Thornburg Multi Sector Bond ETF Company Profile

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.