Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Sees Significant Decrease in Short Interest

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 8,702 shares, a decrease of 75.9% from the October 15th total of 36,056 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 169,967 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Peck Wealth Management LLC bought a new stake in Thornburg Multi Sector Bond ETF during the third quarter worth about $68,000. Channel Wealth LLC raised its holdings in shares of Thornburg Multi Sector Bond ETF by 82.3% during the 3rd quarter. Channel Wealth LLC now owns 18,858 shares of the company’s stock valued at $463,000 after buying an additional 8,515 shares in the last quarter. Insight Wealth Partners LLC purchased a new position in shares of Thornburg Multi Sector Bond ETF during the 2nd quarter valued at about $778,000. Empire Financial Management Company LLC raised its holdings in shares of Thornburg Multi Sector Bond ETF by 1.4% during the 1st quarter. Empire Financial Management Company LLC now owns 56,218 shares of the company’s stock valued at $1,434,000 after buying an additional 797 shares in the last quarter. Finally, Clay Northam Wealth Management LLC lifted its position in Thornburg Multi Sector Bond ETF by 6.5% in the 2nd quarter. Clay Northam Wealth Management LLC now owns 67,400 shares of the company’s stock worth $1,709,000 after buying an additional 4,100 shares during the last quarter.

Thornburg Multi Sector Bond ETF Stock Up 0.1%

NASDAQ TMB opened at $24.92 on Thursday. Thornburg Multi Sector Bond ETF has a 52-week low of $24.42 and a 52-week high of $26.52. The company has a fifty day moving average of $24.86 and a 200-day moving average of $25.33.

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.