Guggenheim Strategic Opportunities Fund (NYSE:GOF) Short Interest Update

Guggenheim Strategic Opportunities Fund (NYSE:GOF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 1,670,000 shares, a growth of 5.0% from the October 15th total of 1,590,000 shares. Based on an average daily volume of 794,800 shares, the days-to-cover ratio is currently 2.1 days.

Guggenheim Strategic Opportunities Fund Stock Performance

Guggenheim Strategic Opportunities Fund stock opened at $15.67 on Monday. The firm’s fifty day simple moving average is $15.73 and its 200-day simple moving average is $15.26. Guggenheim Strategic Opportunities Fund has a 1-year low of $12.59 and a 1-year high of $16.08.

Guggenheim Strategic Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.1821 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.19 dividend on an annualized basis and a yield of 13.95%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Fortitude Family Office LLC acquired a new position in Guggenheim Strategic Opportunities Fund in the 3rd quarter valued at $26,000. Adirondack Trust Co. acquired a new position in Guggenheim Strategic Opportunities Fund in the 3rd quarter valued at $30,000. Transcendent Capital Group LLC acquired a new position in Guggenheim Strategic Opportunities Fund in the 1st quarter valued at $29,000. Central Valley Advisors LLC acquired a new position in Guggenheim Strategic Opportunities Fund in the 2nd quarter valued at $34,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in Guggenheim Strategic Opportunities Fund in the 2nd quarter worth $37,000.

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.