Short Interest in Guggenheim Active Allocation Fund (NYSE:GUG) Declines By 80.7%

Guggenheim Active Allocation Fund (NYSE:GUG) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 26,815 shares, a decline of 80.7% from the July 15th total of 139,188 shares. Based on an average daily trading volume, of 98,423 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Guggenheim Active Allocation Fund

A number of institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN lifted its stake in Guggenheim Active Allocation Fund by 0.3% in the fourth quarter. Wells Fargo & Company MN now owns 276,495 shares of the company’s stock valued at $4,239,000 after buying an additional 723 shares during the period. World Investment Advisors grew its position in shares of Guggenheim Active Allocation Fund by 2.7% during the 4th quarter. World Investment Advisors now owns 30,967 shares of the company’s stock worth $475,000 after buying an additional 811 shares during the period. Ascentis Independent Advisors grew its position in shares of Guggenheim Active Allocation Fund by 1.9% during the 1st quarter. Ascentis Independent Advisors now owns 48,577 shares of the company’s stock worth $739,000 after buying an additional 883 shares during the period. Aviance Capital Partners LLC increased its stake in shares of Guggenheim Active Allocation Fund by 3.8% in the 4th quarter. Aviance Capital Partners LLC now owns 31,620 shares of the company’s stock valued at $485,000 after acquiring an additional 1,168 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Guggenheim Active Allocation Fund by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $47,000 after acquiring an additional 1,500 shares during the period.

Guggenheim Active Allocation Fund Trading Down 0.6%

NYSE GUG traded down $0.09 during trading hours on Friday, hitting $15.29. The company’s stock had a trading volume of 118,919 shares, compared to its average volume of 79,992. Guggenheim Active Allocation Fund has a twelve month low of $14.70 and a twelve month high of $16.46. The stock has a fifty day moving average of $15.77 and a 200 day moving average of $15.74.

Guggenheim Active Allocation Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.1188 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%.

Guggenheim Active Allocation Fund is a diversified, closed-end management investment company trading on the New York Stock Exchange under the ticker symbol GUG. The fund aims to provide a combination of current income and capital appreciation by employing an actively managed, multi-asset strategy. Its investment universe spans global equity securities, fixed-income instruments, convertible securities and derivative instruments, allowing the portfolio to capture opportunities across market cycles and geographic regions.

Employing a dynamic asset allocation framework, the fund’s management team adjusts exposures based on market valuations, economic outlooks and risk assessments.