Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Stock Short Interest Declines 73.9%

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) was the recipient of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 2,524 shares, a decrease of 73.9% from the October 15th total of 9,675 shares. Based on an average daily volume of 1,701 shares, the short-interest ratio is presently 1.5 days. Currently, 0.3% of the company’s stock are sold short.

Thornburg Core Plus Bond ETF Price Performance

TPLS stock opened at $24.36 on Thursday. The company’s 50-day moving average is $24.33 and its 200-day moving average is $24.98. Thornburg Core Plus Bond ETF has a 1 year low of $23.85 and a 1 year high of $26.00.

Thornburg Core Plus Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Investors of record on Thursday, October 29th were paid a dividend of $0.0933 per share. This is an increase from Thornburg Core Plus Bond ETF’s previous monthly dividend of $0.0883. The ex-dividend date of this dividend was Thursday, October 29th. This represents a $1.12 dividend on an annualized basis and a yield of 4.6%.

Thornburg Core Plus Bond ETF Company Profile

The Thornburg Core Plus Bond ETF (TPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns through investments in the broad US fixed-income market. Securities can be of any credit quality and maturity. TPLS was launched on Feb 5, 2025 and is issued by Thornburg.