Short Interest in Guggenheim Active Allocation Fund (NYSE:GUG) Expands By 53.1%

Guggenheim Active Allocation Fund (NYSE:GUG) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 24,500 shares, a growth of 53.1% from the February 28th total of 16,000 shares. Based on an average trading volume of 97,200 shares, the short-interest ratio is presently 0.3 days.

Guggenheim Active Allocation Fund Trading Down 0.3 %

Shares of NYSE GUG traded down $0.05 during mid-day trading on Friday, hitting $15.16. 68,778 shares of the company traded hands, compared to its average volume of 83,938. Guggenheim Active Allocation Fund has a 1 year low of $13.93 and a 1 year high of $16.88. The business has a 50 day moving average of $15.48 and a two-hundred day moving average of $15.61.

Guggenheim Active Allocation Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.1188 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.43 annualized dividend and a dividend yield of 9.40%.

Hedge Funds Weigh In On Guggenheim Active Allocation Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new position in Guggenheim Active Allocation Fund in the 3rd quarter valued at approximately $63,000. Avior Wealth Management LLC grew its holdings in shares of Guggenheim Active Allocation Fund by 53.6% during the 4th quarter. Avior Wealth Management LLC now owns 5,479 shares of the company’s stock valued at $81,000 after acquiring an additional 1,913 shares in the last quarter. SouthState Corp acquired a new position in shares of Guggenheim Active Allocation Fund in the fourth quarter worth $125,000. Steward Partners Investment Advisory LLC raised its holdings in shares of Guggenheim Active Allocation Fund by 94.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 9,664 shares of the company’s stock worth $144,000 after acquiring an additional 4,700 shares in the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new stake in Guggenheim Active Allocation Fund during the fourth quarter valued at $176,000.