Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Short Interest Down 11.4% in November

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) saw a significant decline in short interest in November. As of November 30th, there was short interest totalling 37,300 shares, a decline of 11.4% from the November 15th total of 42,100 shares. Based on an average daily trading volume, of 122,800 shares, the short-interest ratio is currently 0.3 days.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Down 0.6 %

Shares of GBAB traded down $0.10 during midday trading on Tuesday, hitting $15.40. The stock had a trading volume of 161,341 shares, compared to its average volume of 89,677. The stock’s 50 day moving average is $16.20 and its 200 day moving average is $16.68. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $15.32 and a 1 year high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.1257 per share. The ex-dividend date is Friday, December 13th.

Hedge Funds Weigh In On Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

A number of institutional investors have recently modified their holdings of the stock. Fairscale Capital LLC bought a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter valued at about $34,000. Sanctuary Advisors LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter valued at about $189,000. Wolverine Asset Management LLC bought a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter valued at about $208,000. Virtu Financial LLC acquired a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the third quarter worth $240,000. Finally, Beam Wealth Advisors Inc. acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the 2nd quarter valued at about $218,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States.