Short Interest in Guggenheim Active Allocation Fund (NYSE:GUG) Increases By 23.6%

Guggenheim Active Allocation Fund (NYSE:GUG) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 37,200 shares, an increase of 23.6% from the June 30th total of 30,100 shares. Based on an average daily volume of 75,500 shares, the short-interest ratio is presently 0.5 days.

Guggenheim Active Allocation Fund Price Performance

Shares of Guggenheim Active Allocation Fund stock traded up $0.13 during trading hours on Tuesday, reaching $15.63. The company had a trading volume of 55,579 shares, compared to its average volume of 87,406. Guggenheim Active Allocation Fund has a one year low of $12.71 and a one year high of $15.80. The business has a fifty day simple moving average of $15.13 and a 200 day simple moving average of $14.76.

Guggenheim Active Allocation Fund Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th will be issued a $0.1188 dividend. This represents a $1.43 dividend on an annualized basis and a dividend yield of 9.12%. The ex-dividend date of this dividend is Monday, July 15th.

Hedge Funds Weigh In On Guggenheim Active Allocation Fund

A number of large investors have recently made changes to their positions in GUG. International Assets Investment Management LLC bought a new position in shares of Guggenheim Active Allocation Fund in the second quarter worth $45,000. Blue Bell Private Wealth Management LLC purchased a new stake in shares of Guggenheim Active Allocation Fund in the fourth quarter worth $62,000. Concurrent Investment Advisors LLC purchased a new stake in shares of Guggenheim Active Allocation Fund in the first quarter worth $216,000. Nomura Holdings Inc. purchased a new stake in shares of Guggenheim Active Allocation Fund in the fourth quarter worth $247,000. Finally, Raymond James Trust N.A. raised its position in shares of Guggenheim Active Allocation Fund by 64.8% in the second quarter. Raymond James Trust N.A. now owns 17,830 shares of the company’s stock worth $266,000 after buying an additional 7,014 shares in the last quarter.