Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Update

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 7,873 shares, a decrease of 66.1% from the April 15th total of 23,235 shares. Based on an average daily volume of 89,620 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Thornburg Income Builder Opportunities Trust

A number of hedge funds have recently modified their holdings of the stock. Invesco Ltd. boosted its holdings in Thornburg Income Builder Opportunities Trust by 0.8% during the fourth quarter. Invesco Ltd. now owns 67,054 shares of the company’s stock worth $1,348,000 after buying an additional 552 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in Thornburg Income Builder Opportunities Trust by 0.7% during the fourth quarter. Kestra Advisory Services LLC now owns 91,398 shares of the company’s stock worth $1,837,000 after buying an additional 599 shares in the last quarter. Comerica Bank boosted its position in Thornburg Income Builder Opportunities Trust by 2.5% during the fourth quarter. Comerica Bank now owns 24,200 shares of the company’s stock worth $486,000 after purchasing an additional 600 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in Thornburg Income Builder Opportunities Trust by 3.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 22,250 shares of the company’s stock worth $447,000 after purchasing an additional 790 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in Thornburg Income Builder Opportunities Trust by 5.5% during the third quarter. NewEdge Advisors LLC now owns 17,153 shares of the company’s stock worth $341,000 after purchasing an additional 900 shares in the last quarter.

Thornburg Income Builder Opportunities Trust Stock Down 0.9%

NASDAQ:TBLD traded down $0.20 during trading hours on Friday, hitting $21.88. 34,673 shares of the company were exchanged, compared to its average volume of 66,139. Thornburg Income Builder Opportunities Trust has a 52-week low of $18.02 and a 52-week high of $23.02. The company’s 50 day moving average price is $21.65 and its 200-day moving average price is $20.97.

Thornburg Income Builder Opportunities Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Monday, May 11th will be issued a $0.1042 dividend. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, May 11th.

Thornburg Income Builder Opportunities Trust Company Profile

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a closed-end management investment company that seeks to provide a high level of total return, with an emphasis on current income and the potential for capital appreciation. Listed on the NASDAQ, the Trust offers investors access to a managed portfolio that combines income-generating securities with opportunistic equity and convertible instruments. By blending diverse asset types, the Trust aims to balance yield objectives with capital growth prospects over a full market cycle.

The Trust’s investment approach centers on assembling a diversified mix of high-yield bonds, preferred securities, convertible debt and common stocks across U.S.