Short Interest in Guggenheim Strategic Opportunities Fund (NYSE:GOF) Expands By 13.5%

Guggenheim Strategic Opportunities Fund (NYSE:GOF) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 2,350,000 shares, an increase of 13.5% from the November 30th total of 2,070,000 shares. Based on an average daily trading volume, of 850,600 shares, the days-to-cover ratio is presently 2.8 days.

Institutional Investors Weigh In On Guggenheim Strategic Opportunities Fund

Several large investors have recently added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new stake in Guggenheim Strategic Opportunities Fund during the 3rd quarter valued at $26,000. Adirondack Trust Co. bought a new position in Guggenheim Strategic Opportunities Fund in the 3rd quarter worth about $30,000. Ashton Thomas Private Wealth LLC purchased a new position in Guggenheim Strategic Opportunities Fund during the 2nd quarter valued at about $37,000. Transcendent Capital Group LLC increased its position in shares of Guggenheim Strategic Opportunities Fund by 50.0% during the third quarter. Transcendent Capital Group LLC now owns 3,000 shares of the investment management company’s stock valued at $47,000 after buying an additional 1,000 shares during the period. Finally, Strategic Financial Concepts LLC increased its position in shares of Guggenheim Strategic Opportunities Fund by 1,166.1% during the second quarter. Strategic Financial Concepts LLC now owns 326,060 shares of the investment management company’s stock valued at $50,000 after buying an additional 300,306 shares during the period.

Guggenheim Strategic Opportunities Fund Stock Performance

Shares of GOF stock traded up $0.07 during trading on Wednesday, hitting $15.26. The company’s stock had a trading volume of 808,853 shares, compared to its average volume of 758,193. Guggenheim Strategic Opportunities Fund has a 52 week low of $12.69 and a 52 week high of $16.08. The business has a fifty day moving average of $15.65 and a 200-day moving average of $15.48.

Guggenheim Strategic Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1821 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 14.32%. The ex-dividend date of this dividend was Friday, December 13th.

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.