Short Interest in Guggenheim Strategic Opportunities Fund (NYSE:GOF) Rises By 29.9%

Guggenheim Strategic Opportunities Fund (NYSE:GOF) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,170,000 shares, an increase of 29.9% from the October 31st total of 1,670,000 shares. Based on an average trading volume of 767,800 shares, the short-interest ratio is currently 2.8 days.

Institutional Trading of Guggenheim Strategic Opportunities Fund

Hedge funds have recently added to or reduced their stakes in the stock. Retirement Planning Group LLC increased its stake in shares of Guggenheim Strategic Opportunities Fund by 2.0% in the third quarter. Retirement Planning Group LLC now owns 32,275 shares of the investment management company’s stock valued at $509,000 after buying an additional 630 shares during the period. Quad Cities Investment Group LLC increased its holdings in Guggenheim Strategic Opportunities Fund by 3.3% in the third quarter. Quad Cities Investment Group LLC now owns 23,312 shares of the investment management company’s stock worth $367,000 after purchasing an additional 743 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in shares of Guggenheim Strategic Opportunities Fund by 8.7% during the 3rd quarter. IHT Wealth Management LLC now owns 10,873 shares of the investment management company’s stock worth $171,000 after buying an additional 872 shares in the last quarter. Transcendent Capital Group LLC increased its stake in shares of Guggenheim Strategic Opportunities Fund by 50.0% in the 3rd quarter. Transcendent Capital Group LLC now owns 3,000 shares of the investment management company’s stock valued at $47,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in Guggenheim Strategic Opportunities Fund by 3.0% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 34,417 shares of the investment management company’s stock worth $513,000 after purchasing an additional 1,012 shares during the period.

Guggenheim Strategic Opportunities Fund Trading Up 0.2 %

GOF traded up $0.03 on Monday, hitting $15.83. 636,481 shares of the stock were exchanged, compared to its average volume of 744,845. The business has a 50-day moving average of $15.78 and a two-hundred day moving average of $15.35. Guggenheim Strategic Opportunities Fund has a 12 month low of $12.59 and a 12 month high of $16.08.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a dividend of $0.1821 per share. This represents a $2.19 annualized dividend and a yield of 13.80%. The ex-dividend date was Friday, November 15th.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors.