Guggenheim Strategic Opportunities Fund (NYSE:GOF) Short Interest Up 116.3% in July

Guggenheim Strategic Opportunities Fund (NYSE:GOF) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 953,518 shares, a growth of 116.3% from the July 15th total of 440,824 shares. Based on an average trading volume of 1,472,304 shares, the days-to-cover ratio is presently 0.6 days.

Insider Transactions at Guggenheim Strategic Opportunities Fund

In related news, CEO Brian E. Binder acquired 4,704 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was bought at an average cost of $10.63 per share, with a total value of $50,003.52. Following the completion of the acquisition, the chief executive officer owned 4,704 shares in the company, valued at $50,003.52. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Trading of Guggenheim Strategic Opportunities Fund

Several large investors have recently added to or reduced their stakes in GOF. Hazlett Burt & Watson Inc. increased its holdings in shares of Guggenheim Strategic Opportunities Fund by 81.2% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,455 shares of the investment management company’s stock worth $31,000 after buying an additional 1,100 shares in the last quarter. CENTRAL TRUST Co bought a new position in shares of Guggenheim Strategic Opportunities Fund in the first quarter valued at approximately $28,000. Allied Private Wealth LLC acquired a new position in shares of Guggenheim Strategic Opportunities Fund in the 2nd quarter worth approximately $43,000. Advisory Services Network LLC acquired a new position in shares of Guggenheim Strategic Opportunities Fund in the 3rd quarter worth approximately $84,000. Finally, Triumph Capital Management bought a new stake in Guggenheim Strategic Opportunities Fund during the 3rd quarter worth approximately $85,000.

Guggenheim Strategic Opportunities Fund Stock Down 2.1%

Shares of GOF traded down $0.23 during trading hours on Friday, hitting $10.46. The stock had a trading volume of 1,201,926 shares, compared to its average volume of 1,397,799. The company’s fifty day moving average is $10.73 and its two-hundred day moving average is $11.26. Guggenheim Strategic Opportunities Fund has a 52 week low of $10.36 and a 52 week high of $15.16.

Guggenheim Strategic Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be given a $0.1821 dividend. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 20.9%.

Guggenheim Strategic Opportunities Fund Company Profile

Guggenheim Strategic Opportunities Fund (NYSE: GOF) is a closed-end management investment company organized as a diversified, non-diversified or interval fund (as defined under the Investment Company Act of 1940). The fund commenced operations in February 2012 with a primary objective of seeking a high level of total return, consisting of both income and capital appreciation, through a flexible, opportunistic investment approach.

The fund’s core strategy focuses on investing across the capital structure of both debt and equity securities.