Guggenheim Strategic Opportunities Fund (NYSE:GOF) Short Interest Up 5.0% in October

Guggenheim Strategic Opportunities Fund (NYSE:GOF) saw a significant growth in short interest in the month of 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 Price Performance

NYSE GOF opened at $15.70 on Wednesday. The company has a fifty day simple moving average of $15.73 and a 200 day simple moving average of $15.28. Guggenheim Strategic Opportunities Fund has a 12-month low of $12.59 and a 12-month high of $16.08.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.1821 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 13.92%. The ex-dividend date of this dividend is Friday, November 15th.

Institutional Investors Weigh In On Guggenheim Strategic Opportunities Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Petra Financial Advisors Inc. increased its holdings in Guggenheim Strategic Opportunities Fund by 4.3% during the 2nd quarter. Petra Financial Advisors Inc. now owns 268,784 shares of the investment management company’s stock worth $4,008,000 after purchasing an additional 10,981 shares in the last quarter. Tennessee Valley Asset Management Partners grew its holdings in Guggenheim Strategic Opportunities Fund by 2.9% during the second quarter. Tennessee Valley Asset Management Partners now owns 62,322 shares of the investment management company’s stock worth $929,000 after buying an additional 1,766 shares in the last quarter. Retirement Planning Group LLC grew its holdings in Guggenheim Strategic Opportunities Fund by 30.4% during the second quarter. Retirement Planning Group LLC now owns 31,645 shares of the investment management company’s stock worth $472,000 after buying an additional 7,384 shares in the last quarter. Capital CS Group LLC raised its position in Guggenheim Strategic Opportunities Fund by 22.9% in the 2nd quarter. Capital CS Group LLC now owns 17,059 shares of the investment management company’s stock valued at $254,000 after buying an additional 3,176 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Guggenheim Strategic Opportunities Fund by 140.9% during the 1st quarter. Cetera Investment Advisers now owns 369,509 shares of the investment management company’s stock valued at $5,291,000 after acquiring an additional 216,117 shares in the last quarter.

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.