Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Short Interest Down 70.8% in June

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 15,843 shares, a decline of 70.8% from the June 15th total of 54,220 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 92,911 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new stake in Thornburg Multi Sector Bond ETF during the 4th quarter valued at $35,000. Sound Income Strategies LLC purchased a new stake in shares of Thornburg Multi Sector Bond ETF in the 1st quarter worth $70,000. Sunbelt Securities Inc. bought a new position in shares of Thornburg Multi Sector Bond ETF during the 3rd quarter worth $169,000. Jane Street Group LLC bought a new position in shares of Thornburg Multi Sector Bond ETF during the 1st quarter worth $230,000. Finally, IFP Advisors Inc increased its stake 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 Performance

Shares of NASDAQ:TMB remained flat at $25.35 during trading on Friday. 26,888 shares of the stock were exchanged, compared to its average volume of 72,664. The business’s 50-day simple moving average is $25.42 and its two-hundred day simple moving average is $25.57. Thornburg Multi Sector Bond ETF has a fifty-two week low of $25.22 and a fifty-two week high of $26.52.

Thornburg Multi Sector Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a $0.0889 dividend. The ex-dividend date 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.