Short Interest in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Decreases By 11.4%

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) was the recipient of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 37,300 shares, a decline of 11.4% from the November 15th total of 42,100 shares. Based on an average daily volume of 122,800 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fairscale Capital LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter worth $34,000. Sanctuary Advisors LLC acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter worth about $189,000. Wolverine Asset Management LLC bought a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter worth about $208,000. Virtu Financial LLC acquired a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter valued at approximately $240,000. Finally, Beam Wealth Advisors Inc. bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter valued at approximately $218,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

Shares of NYSE GBAB traded down $0.10 during trading hours on Tuesday, reaching $15.40. 161,341 shares of the stock were exchanged, compared to its average volume of 89,677. The stock’s fifty day simple moving average is $16.20 and its 200 day simple moving average is $16.68. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $15.32 and a 52 week high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.1257 per share. The ex-dividend date of this dividend is Friday, December 13th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

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.