Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Sees Large Growth in Short Interest

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 54,220 shares, an increase of 120.5% from the May 31st total of 24,587 shares. Based on an average daily volume of 118,579 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Investors Weigh In On Thornburg Multi Sector Bond ETF

A number of institutional investors have recently bought and sold shares of TMB. Kestra Advisory Services LLC bought a new stake in shares of Thornburg Multi Sector Bond ETF in the 4th quarter worth about $35,000. Sound Income Strategies LLC purchased a new stake in Thornburg Multi Sector Bond ETF in the 1st quarter worth about $70,000. Sunbelt Securities Inc. bought a new stake in Thornburg Multi Sector Bond ETF in the third quarter worth about $169,000. Jane Street Group LLC bought a new stake in Thornburg Multi Sector Bond ETF in the first quarter worth about $230,000. Finally, IFP Advisors Inc boosted its position in shares of Thornburg Multi Sector Bond ETF by 22.7% during the third quarter. IFP Advisors Inc now owns 9,397 shares of the company’s stock valued at $241,000 after buying an additional 1,738 shares during the period.

Thornburg Multi Sector Bond ETF Stock Up 0.0%

Shares of NASDAQ TMB traded up $0.01 during trading on Wednesday, hitting $25.36. The company had a trading volume of 338,174 shares, compared to its average volume of 73,046. Thornburg Multi Sector Bond ETF has a 12 month low of $25.22 and a 12 month high of $26.52. The stock has a 50 day simple moving average of $25.45 and a 200 day simple moving average of $25.59.

Thornburg Multi Sector Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were paid a $0.0889 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.