Guggenheim Active Allocation Fund (NYSE:GUG) Short Interest Up 53.1% in March

Guggenheim Active Allocation Fund (NYSE:GUG) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 24,500 shares, an increase of 53.1% from the February 28th total of 16,000 shares. Based on an average daily volume of 97,200 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Guggenheim Active Allocation Fund

Several hedge funds have recently added to or reduced their stakes in the business. SouthState Corp acquired a new position in shares of Guggenheim Active Allocation Fund in the fourth quarter valued at $125,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of Guggenheim Active Allocation Fund by 94.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 9,664 shares of the company’s stock worth $144,000 after acquiring an additional 4,700 shares during the period. Aviance Capital Partners LLC increased its stake in Guggenheim Active Allocation Fund by 9.4% in the fourth quarter. Aviance Capital Partners LLC now owns 19,424 shares of the company’s stock valued at $289,000 after acquiring an additional 1,664 shares during the period. Oppenheimer & Co. Inc. raised its position in Guggenheim Active Allocation Fund by 14.3% in the fourth quarter. Oppenheimer & Co. Inc. now owns 83,775 shares of the company’s stock worth $1,246,000 after purchasing an additional 10,450 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in Guggenheim Active Allocation Fund by 13.6% during the fourth quarter. Concurrent Investment Advisors LLC now owns 26,550 shares of the company’s stock worth $395,000 after purchasing an additional 3,169 shares during the period.

Guggenheim Active Allocation Fund Trading Down 0.3 %

NYSE:GUG traded down $0.05 during trading hours on Friday, reaching $15.16. The company’s stock had a trading volume of 68,778 shares, compared to its average volume of 83,938. Guggenheim Active Allocation Fund has a one year low of $13.93 and a one year high of $16.88. The business’s 50-day moving average is $15.48 and its 200-day moving average is $15.61.

Guggenheim Active Allocation Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.1188 dividend. This represents a $1.43 annualized dividend and a dividend yield of 9.40%. The ex-dividend date is Friday, March 14th.