Guggenheim Strategic Opportunities Fund (NYSE:GOF) Sees Large Increase in Short Interest

Guggenheim Strategic Opportunities Fund (NYSE:GOF) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 2,170,000 shares, a growth of 29.9% from the October 31st total of 1,670,000 shares. Based on an average daily trading volume, of 767,800 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Trading of Guggenheim Strategic Opportunities Fund

Several large investors have recently modified their holdings of GOF. Fortitude Family Office LLC purchased a new stake in Guggenheim Strategic Opportunities Fund in the 3rd quarter valued at approximately $26,000. Adirondack Trust Co. acquired a new position in shares of Guggenheim Strategic Opportunities Fund in the third quarter worth $30,000. Central Valley Advisors LLC purchased a new stake in shares of Guggenheim Strategic Opportunities Fund in the second quarter valued at $34,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Guggenheim Strategic Opportunities Fund during the second quarter valued at $37,000. Finally, Transcendent Capital Group LLC increased its position in Guggenheim Strategic Opportunities Fund by 50.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 3,000 shares of the investment management company’s stock worth $47,000 after purchasing an additional 1,000 shares in the last quarter.

Guggenheim Strategic Opportunities Fund Trading Up 0.4 %

Guggenheim Strategic Opportunities Fund stock opened at $15.80 on Monday. Guggenheim Strategic Opportunities Fund has a 52 week low of $12.59 and a 52 week high of $16.08. The firm’s 50-day simple moving average is $15.78 and its 200 day simple moving average is $15.35.

Guggenheim Strategic Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.1821 dividend. This represents a $2.19 annualized dividend and a dividend yield of 13.83%. The ex-dividend date was Friday, November 15th.

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.