Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Stock Short Interest Falls 40.7%

by · The Markets Daily

Thornburg Multi Sector Bond ETF (NASDAQ:TMB – Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 47,406 shares, a decrease of 40.7% from the September 15th total of 79,894 shares. Based on an average daily volume of 62,856 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are short sold.

Thornburg Multi Sector Bond ETF Trading Up 0.0%

Thornburg Multi Sector Bond ETF stock traded up $0.01 during mid-day trading on Friday, hitting $24.82. 51,095 shares of the company’s stock traded hands, compared to its average volume of 71,164. The firm has a 50 day simple moving average of $24.98 and a two-hundred day simple moving average of $25.27. Thornburg Multi Sector Bond ETF has a fifty-two week low of $24.42 and a fifty-two week high of $26.52.

Hedge Funds Weigh In On Thornburg Multi Sector Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Clay Northam Wealth Management LLC grew its position in Thornburg Multi Sector Bond ETF by 5.2% in the third quarter. Clay Northam Wealth Management LLC now owns 70,900 shares of the company’s stock valued at $1,742,000 after acquiring an additional 3,500 shares during the last quarter. Insight Wealth Partners LLC acquired a new position in Thornburg Multi Sector Bond ETF during the 2nd quarter worth approximately $778,000. Empire Financial Management Company LLC lifted its stake in Thornburg Multi Sector Bond ETF by 1.4% in the 1st quarter. Empire Financial Management Company LLC now owns 56,218 shares of the company’s stock valued at $1,434,000 after purchasing an additional 797 shares during the last quarter. Spartan Wealth Advisory Services LLC bought a new position in Thornburg Multi Sector Bond ETF in the 1st quarter valued at approximately $9,601,000. Finally, Flynn Zito Capital Management LLC bought a new position in Thornburg Multi Sector Bond ETF in the 1st quarter valued at approximately $4,243,000.

Thornburg Multi Sector Bond ETF Company Profile

(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.

See Also