Guggenheim Strategic Opportunities Fund (NYSE:GOF) Short Interest Up 29.9% in November

Guggenheim Strategic Opportunities Fund (NYSE:GOF) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,170,000 shares, a growth of 29.9% from the October 31st total of 1,670,000 shares. Based on an average daily trading volume, of 767,800 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of GOF. Verus Capital Partners LLC increased its stake in shares of 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 purchasing an additional 191,787 shares during the last quarter. CreativeOne Wealth LLC grew its position in shares of Guggenheim Strategic Opportunities Fund by 6.6% in the third quarter. CreativeOne Wealth LLC now owns 559,378 shares of the investment management company’s stock valued at $8,816,000 after purchasing an additional 34,720 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Guggenheim Strategic Opportunities Fund by 1,477.1% during the third quarter. International Assets Investment Management LLC now owns 473,596 shares of the investment management company’s stock worth $74,640,000 after purchasing an additional 443,567 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Guggenheim Strategic Opportunities Fund by 6.5% during the second quarter. Commonwealth Equity Services LLC now owns 458,009 shares of the investment management company’s stock worth $6,829,000 after buying an additional 27,771 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Guggenheim Strategic Opportunities Fund by 4.7% in the second quarter. Cetera Investment Advisers now owns 386,984 shares of the investment management company’s stock valued at $5,770,000 after acquiring an additional 17,475 shares in the last quarter.

Guggenheim Strategic Opportunities Fund Trading Up 0.2 %

Shares of Guggenheim Strategic Opportunities Fund stock traded up $0.03 during mid-day trading on Monday, reaching $15.83. 636,481 shares of the stock were exchanged, compared to its average volume of 744,845. Guggenheim Strategic Opportunities Fund has a fifty-two week low of $12.59 and a fifty-two week high of $16.08. The firm has a 50-day simple moving average of $15.78 and a 200 day simple moving average of $15.35.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a dividend of $0.1821 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 13.80%. The ex-dividend date of this dividend was Friday, November 15th.

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.