Guggenheim Strategic Opportunities Fund (NYSE:GOF) Short Interest Up 13.5% in December

Guggenheim Strategic Opportunities Fund (NYSE:GOF) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 2,350,000 shares, a growth of 13.5% from the November 30th total of 2,070,000 shares. Based on an average trading volume of 850,600 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Investors Weigh In On Guggenheim Strategic Opportunities Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Verus Capital Partners LLC raised its stake in Guggenheim Strategic Opportunities Fund by 36.3% during the 3rd quarter. Verus Capital Partners LLC now owns 720,544 shares of the investment management company’s stock worth $11,356,000 after acquiring an additional 191,787 shares in the last quarter. CreativeOne Wealth LLC increased its position in shares of Guggenheim Strategic Opportunities Fund by 6.6% during the third quarter. CreativeOne Wealth LLC now owns 559,378 shares of the investment management company’s stock worth $8,816,000 after purchasing an additional 34,720 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Guggenheim Strategic Opportunities Fund by 1,477.1% in the 3rd quarter. International Assets Investment Management LLC now owns 473,596 shares of the investment management company’s stock valued at $74,640,000 after purchasing an additional 443,567 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Guggenheim Strategic Opportunities Fund by 6.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 458,009 shares of the investment management company’s stock valued at $6,829,000 after purchasing an additional 27,771 shares during the period. Finally, Cetera Investment Advisers grew its stake in Guggenheim Strategic Opportunities Fund by 4.7% during the 2nd quarter. Cetera Investment Advisers now owns 386,984 shares of the investment management company’s stock worth $5,770,000 after buying an additional 17,475 shares during the last quarter.

Guggenheim Strategic Opportunities Fund Stock Performance

Shares of GOF stock traded up $0.07 on Wednesday, reaching $15.26. 808,853 shares of the stock were exchanged, compared to its average volume of 758,193. The business’s 50 day moving average price is $15.65 and its 200 day moving average price is $15.48. Guggenheim Strategic Opportunities Fund has a twelve month low of $12.69 and a twelve month high of $16.08.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.19 annualized dividend and a dividend yield of 14.32%.

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.