Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Short Interest Update

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 26,300 shares, a decrease of 60.9% from the December 31st total of 67,200 shares. Based on an average daily volume of 144,500 shares, the short-interest ratio is presently 0.2 days.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

GBAB traded down $0.04 during trading on Friday, hitting $15.61. The stock had a trading volume of 97,051 shares, compared to its average volume of 103,653. The stock has a 50 day simple moving average of $15.52 and a two-hundred day simple moving average of $16.52. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a twelve month low of $14.85 and a twelve month high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.1257 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.51 annualized dividend and a dividend yield of 9.67%.

Institutional Trading of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Several hedge funds have recently made changes to their positions in GBAB. Palacios Wealth Management LLC acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the fourth quarter worth about $163,000. Sanctuary Advisors LLC acquired a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter valued at $189,000. Virtu Financial LLC purchased a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the third quarter valued at approximately $240,000. Good Life Advisors LLC raised its position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 75.9% in the 3rd quarter. Good Life Advisors LLC now owns 18,530 shares of the investment management company’s stock valued at $326,000 after purchasing an additional 7,995 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust by 40.1% in the second quarter. B. Riley Wealth Advisors Inc. now owns 22,683 shares of the investment management company’s stock worth $361,000 after purchasing an additional 6,491 shares in the last quarter.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States.