Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Stock Short Interest Report for September

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 3,350 shares, a drop 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 currently 0.0 days.

Thornburg Income Builder Opportunities Trust Stock Down 0.2%

Thornburg Income Builder Opportunities Trust stock traded down $0.04 during trading hours on Friday, hitting $20.42. The stock had a trading volume of 43,368 shares, compared to its average volume of 60,879. Thornburg Income Builder Opportunities Trust has a 1-year low of $19.48 and a 1-year high of $23.02. The stock’s fifty day moving average is $21.35 and its two-hundred day moving average is $21.73.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 13th will be given a $0.1042 dividend. The ex-dividend date is Tuesday, October 13th. This represents a $1.25 annualized dividend and a dividend yield of 6.1%.

Insider Activity at Thornburg Income Builder Opportunities Trust

In other news, insider Anne W. Kritzmire acquired 3,440 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was purchased at an average cost of $22.20 per share, with a total value of $76,368.00. Following the purchase, the insider directly owned 4,840 shares of the company’s stock, valued at approximately $107,448. This trade represents a 245.71% increase in their position. The acquisition was disclosed in a document filed 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 added to or reduced their stakes in the business. Shaker Financial Services LLC acquired a new position in shares of Thornburg Income Builder Opportunities Trust during the 3rd quarter worth approximately $4,335,000. DKM Wealth Management Inc. increased its position in Thornburg Income Builder Opportunities Trust by 1.6% during the third quarter. DKM Wealth Management Inc. now owns 973,499 shares of the company’s stock worth $19,782,000 after buying an additional 15,726 shares in the last quarter. NewEdge Advisors LLC increased its position in Thornburg Income Builder Opportunities Trust by 8.2% during the second quarter. NewEdge Advisors LLC now owns 16,513 shares of the company’s stock worth $364,000 after buying an additional 1,250 shares in the last quarter. Wedbush Securities Inc. raised its holdings in shares of Thornburg Income Builder Opportunities Trust by 6.1% in the second quarter. Wedbush Securities Inc. now owns 42,539 shares of the company’s stock worth $939,000 after acquiring an additional 2,452 shares during the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new stake in shares of Thornburg Income Builder Opportunities Trust during the second quarter valued at $254,000.

About Thornburg Income Builder Opportunities Trust

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.