Short Interest in Guggenheim Strategic Opportunities Fund (NYSE:GOF) Grows By 39.9%

Guggenheim Strategic Opportunities Fund (NYSE:GOF) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 670,000 shares, a growth of 39.9% from the May 31st total of 478,800 shares. Based on an average trading volume of 615,500 shares, the days-to-cover ratio is currently 1.1 days.

Guggenheim Strategic Opportunities Fund Trading Up 0.3 %

Shares of NYSE GOF traded up $0.04 during mid-day trading on Monday, reaching $14.95. The company had a trading volume of 652,162 shares, compared to its average volume of 688,864. Guggenheim Strategic Opportunities Fund has a 52 week low of $10.96 and a 52 week high of $16.37. The business’s 50-day moving average is $14.67 and its 200-day moving average is $14.13.

Guggenheim Strategic Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were issued a dividend of $0.182 per share. The ex-dividend date was Friday, June 14th. This represents a $2.18 dividend on an annualized basis and a yield of 14.61%.

Hedge Funds Weigh In On Guggenheim Strategic Opportunities Fund

Large investors have recently added to or reduced their stakes in the company. Choreo LLC boosted its holdings in Guggenheim Strategic Opportunities Fund by 1.7% in the first quarter. Choreo LLC now owns 50,853 shares of the investment management company’s stock worth $728,000 after acquiring an additional 853 shares in the last quarter. Capital Wealth Alliance LLC increased its stake in Guggenheim Strategic Opportunities Fund by 5.2% during the 1st quarter. Capital Wealth Alliance LLC now owns 17,263 shares of the investment management company’s stock valued at $247,000 after purchasing an additional 858 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Guggenheim Strategic Opportunities Fund by 5.7% in the third quarter. PNC Financial Services Group Inc. now owns 16,567 shares of the investment management company’s stock worth $245,000 after buying an additional 888 shares during the last quarter. Founders Financial Alliance LLC increased its position in shares of Guggenheim Strategic Opportunities Fund by 1.4% in the 4th quarter. Founders Financial Alliance LLC now owns 65,579 shares of the investment management company’s stock valued at $839,000 after acquiring an additional 914 shares during the period. Finally, Retirement Planning Group LLC grew its stake in Guggenheim Strategic Opportunities Fund by 5.0% during the 4th quarter. Retirement Planning Group LLC now owns 20,620 shares of the investment management company’s stock valued at $264,000 after purchasing an additional 980 shares during the last quarter.

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.