Short Interest in Guggenheim Strategic Opportunities Fund (NYSE:GOF) Rises By 54.9%

Guggenheim Strategic Opportunities Fund (NYSE:GOF) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 2,200,000 shares, a growth of 54.9% from the January 31st total of 1,420,000 shares. Based on an average daily volume of 907,700 shares, the days-to-cover ratio is presently 2.4 days.

Institutional Trading of Guggenheim Strategic Opportunities Fund

Several institutional investors and hedge funds have recently made changes to their positions in GOF. Buska Wealth Management LLC grew its stake in shares of Guggenheim Strategic Opportunities Fund by 18.2% during the fourth quarter. Buska Wealth Management LLC now owns 24,147 shares of the investment management company’s stock worth $368,000 after purchasing an additional 3,719 shares during the period. Retirement Planning Group LLC boosted its holdings in Guggenheim Strategic Opportunities Fund by 50.3% during the fourth quarter. Retirement Planning Group LLC now owns 48,499 shares of the investment management company’s stock worth $740,000 after buying an additional 16,224 shares during the last quarter. Mosaic Family Wealth Partners LLC grew its position in shares of Guggenheim Strategic Opportunities Fund by 1.9% during the 4th quarter. Mosaic Family Wealth Partners LLC now owns 218,974 shares of the investment management company’s stock worth $3,342,000 after buying an additional 4,093 shares during the period. Mpwm Advisory Solutions LLC bought a new stake in shares of Guggenheim Strategic Opportunities Fund in the 4th quarter valued at about $107,000. Finally, Waverly Advisors LLC bought a new stake in shares of Guggenheim Strategic Opportunities Fund in the 4th quarter valued at about $303,000.

Guggenheim Strategic Opportunities Fund Stock Up 0.4 %

Shares of NYSE GOF traded up $0.07 during mid-day trading on Tuesday, hitting $15.80. The company’s stock had a trading volume of 1,530,464 shares, compared to its average volume of 983,449. Guggenheim Strategic Opportunities Fund has a one year low of $13.66 and a one year high of $16.08. The company’s fifty day simple moving average is $15.41 and its 200-day simple moving average is $15.56.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.1821 per share. This represents a $2.19 dividend on an annualized basis and a yield of 13.83%. The ex-dividend date is Friday, March 14th.

Guggenheim Strategic Opportunities Fund Company Profile

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.