Short Interest in Guggenheim Strategic Opportunities Fund (NYSE:GOF) Expands By 5.0%

Guggenheim Strategic Opportunities Fund (NYSE:GOF) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,670,000 shares, an increase of 5.0% from the October 15th total of 1,590,000 shares. Based on an average trading volume of 794,800 shares, the short-interest ratio is presently 2.1 days.

Guggenheim Strategic Opportunities Fund Price Performance

Shares of NYSE:GOF opened at $15.70 on Wednesday. Guggenheim Strategic Opportunities Fund has a 1 year low of $12.59 and a 1 year high of $16.08. The business’s 50-day moving average is $15.73 and its 200-day moving average is $15.28.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.1821 dividend. This represents a $2.19 annualized dividend and a yield of 13.92%. The ex-dividend date is Friday, November 15th.

Hedge Funds Weigh In On Guggenheim Strategic Opportunities Fund

Institutional investors and hedge funds have recently modified their holdings of the business. MML Investors Services LLC increased its stake in shares of Guggenheim Strategic Opportunities Fund by 20.9% in the 3rd quarter. MML Investors Services LLC now owns 293,078 shares of the investment management company’s stock valued at $4,619,000 after acquiring an additional 50,699 shares in the last quarter. Insigneo Advisory Services LLC increased its stake in Guggenheim Strategic Opportunities Fund by 14.7% in the third quarter. Insigneo Advisory Services LLC now owns 23,382 shares of the investment management company’s stock valued at $368,000 after purchasing an additional 3,002 shares in the last quarter. IHT Wealth Management LLC increased its stake in Guggenheim Strategic Opportunities Fund by 8.7% in the third quarter. IHT Wealth Management LLC now owns 10,873 shares of the investment management company’s stock valued at $171,000 after purchasing an additional 872 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Guggenheim Strategic Opportunities Fund by 3.2% during the third quarter. Integrated Wealth Concepts LLC now owns 146,262 shares of the investment management company’s stock valued at $2,305,000 after purchasing an additional 4,472 shares during the period. Finally, FSA Wealth Management LLC bought a new position in shares of Guggenheim Strategic Opportunities Fund during the 3rd quarter worth about $74,000.

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.