Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) Short Interest Up 147.1% in May

Thornburg Income Builder Opportunities Trust (NASDAQ:TBLD) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 19,457 shares, an increase of 147.1% from the April 30th total of 7,873 shares. Based on an average daily volume of 57,777 shares, the days-to-cover ratio is currently 0.3 days.

Thornburg Income Builder Opportunities Trust Price Performance

TBLD opened at $22.44 on Tuesday. The firm has a 50 day moving average price of $21.88 and a 200 day moving average price of $21.15. Thornburg Income Builder Opportunities Trust has a 1 year low of $18.50 and a 1 year high of $23.02.

Thornburg Income Builder Opportunities Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 11th were given a dividend of $0.1042 per share. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Monday, May 11th.

Hedge Funds Weigh In On Thornburg Income Builder Opportunities Trust

A number of institutional investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. boosted its stake in shares of Thornburg Income Builder Opportunities Trust by 7.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 606,770 shares of the company’s stock valued at $12,069,000 after buying an additional 40,139 shares during the last quarter. Dakota Wealth Management acquired a new stake in Thornburg Income Builder Opportunities Trust in the fourth quarter worth $1,000,000. PMG Family Office LLC acquired a new stake in Thornburg Income Builder Opportunities Trust in the third quarter worth $946,000. Wealth Enhancement Advisory Services LLC increased its position in Thornburg Income Builder Opportunities Trust by 28.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 154,775 shares of the company’s stock worth $3,132,000 after buying an additional 34,372 shares during the period. Finally, Wolverine Asset Management LLC acquired a new stake in Thornburg Income Builder Opportunities Trust in the fourth quarter worth $1,404,000.

About Thornburg Income Builder Opportunities Trust

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.