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

Thornburg Multi Sector Bond ETF (NASDAQ:TMBGet Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 7,077 shares, a drop of 55.3% from the June 30th total of 15,843 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 83,324 shares, the days-to-cover ratio is presently 0.1 days.

Thornburg Multi Sector Bond ETF Trading Up 0.2%

Thornburg Multi Sector Bond ETF stock opened at $25.29 on Tuesday. Thornburg Multi Sector Bond ETF has a fifty-two week low of $25.21 and a fifty-two week high of $26.52. The firm has a 50 day moving average price of $25.39 and a 200 day moving average price of $25.55.

Thornburg Multi Sector Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On Thornburg Multi Sector Bond ETF

Several large investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new position in Thornburg Multi Sector Bond ETF in the first quarter valued at approximately $230,000. Global View Capital Management LLC purchased a new stake in Thornburg Multi Sector Bond ETF in the 2nd quarter valued at $248,000. Sunbelt Securities Inc. purchased a new stake in shares of Thornburg Multi Sector Bond ETF in the third quarter valued at about $169,000. Personal CFO Solutions LLC purchased a new stake in Thornburg Multi Sector Bond ETF during the 4th quarter valued at approximately $11,459,000. Finally, Westside Investment Management Inc. purchased a new stake in shares of Thornburg Multi Sector Bond ETF during the fourth quarter worth approximately $455,000.

About Thornburg Multi Sector Bond ETF

(Get Free Report)

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.

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