Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Shares Shorted: Short Interest Down 45.3% in September

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 3,350 shares, a decrease of 45.3% from the September 15th total of 6,121 shares. Based on an average trading volume of 78,924 shares, the short-interest ratio is presently 0.0 days.

Thornburg Income Builder Opportunities Trust Price Performance

Shares of NASDAQ TBLD traded down $0.04 during mid-day trading on Friday, reaching $20.42. 43,368 shares of the company traded hands, compared to its average volume of 60,879. Thornburg Income Builder Opportunities Trust has a fifty-two week low of $19.48 and a fifty-two week high of $23.02. The stock has a fifty day simple moving average of $21.32 and a 200-day simple moving average of $21.72.

Thornburg Income Builder Opportunities Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 13th will be paid a dividend of $0.1042 per share. This represents a $1.25 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Tuesday, October 13th.

Insider Buying and Selling at Thornburg Income Builder Opportunities Trust

In related news, insider Anne W. Kritzmire acquired 3,440 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was acquired at an average cost of $22.20 per share, for a total transaction of $76,368.00. Following the completion of the acquisition, the insider directly owned 4,840 shares of the company’s stock, valued at approximately $107,448. The trade was a 245.71% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

Several hedge funds have recently modified their holdings of TBLD. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Thornburg Income Builder Opportunities Trust in the second quarter valued at $59,000. Cetera Investment Advisers bought a new position in Thornburg Income Builder Opportunities Trust during the first quarter valued at about $215,000. Beacon Pointe Advisors LLC bought a new position in Thornburg Income Builder Opportunities Trust during the second quarter valued at about $254,000. LaSalle St. Investment Advisors LLC acquired a new position in Thornburg Income Builder Opportunities Trust during the second quarter worth about $269,000. Finally, KW Wealth Management LLC acquired a new position in Thornburg Income Builder Opportunities Trust during the fourth quarter worth about $283,000.

Thornburg Income Builder Opportunities Trust Company Profile

Thornburg Income Builder Opportunities Trust is a closed-end investment company listed on the Nasdaq under the symbol TBLD. The trust is advised by Thornburg Investment Management, an asset manager known for managing equity and fixed-income portfolios.

The trust seeks to provide investors with current income and long-term capital appreciation. It pursues this objective through a flexible, diversified portfolio that may include dividend-paying common stocks, preferred securities, convertible securities, corporate bonds, government and agency securities, and other income-producing investments.

TBLD can invest in both U.S.