Guggenheim Strategic Opportunities Fund (NYSE:GOF) Short Interest Down 88.8% in June

Guggenheim Strategic Opportunities Fund (NYSE:GOFGet Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 78,213 shares, a decrease of 88.8% from the June 15th total of 699,667 shares. Based on an average daily trading volume, of 1,795,136 shares, the short-interest ratio is currently 0.0 days.

Insider Transactions at Guggenheim Strategic Opportunities Fund

In related news, CEO Brian E. Binder bought 4,704 shares of Guggenheim Strategic Opportunities Fund stock in a transaction that occurred on Tuesday, June 23rd. The shares were acquired at an average cost of $10.63 per share, for a total transaction of $50,003.52. Following the completion of the acquisition, the chief executive officer directly owned 4,704 shares of the company’s stock, valued at approximately $50,003.52. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Thomas F. Lydon, Jr. bought 8,710 shares of Guggenheim Strategic Opportunities Fund stock in a transaction that occurred on Thursday, April 30th. The stock was bought at an average price of $11.45 per share, for a total transaction of $99,729.50. Following the completion of the acquisition, the insider directly owned 8,710 shares of the company’s stock, valued at $99,729.50. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Trading of Guggenheim Strategic Opportunities Fund

A number of institutional investors have recently bought and sold shares of GOF. CENTRAL TRUST Co acquired a new stake in Guggenheim Strategic Opportunities Fund during the 1st quarter worth about $28,000. Hazlett Burt & Watson Inc. lifted its stake in shares of Guggenheim Strategic Opportunities Fund by 81.2% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,455 shares of the investment management company’s stock valued at $31,000 after purchasing an additional 1,100 shares during the period. Allied Private Wealth LLC bought a new stake in shares of Guggenheim Strategic Opportunities Fund during the 2nd quarter valued at about $43,000. Advisory Services Network LLC bought a new stake in shares of Guggenheim Strategic Opportunities Fund during the 3rd quarter valued at about $84,000. Finally, Triumph Capital Management bought a new stake in shares of Guggenheim Strategic Opportunities Fund during the 3rd quarter valued at about $85,000.

Guggenheim Strategic Opportunities Fund Stock Up 0.0%

Shares of NYSE GOF traded up $0.01 during midday trading on Friday, reaching $10.91. The stock had a trading volume of 704,213 shares, compared to its average volume of 1,415,642. The company’s 50 day moving average price is $11.05 and its 200 day moving average price is $11.65. Guggenheim Strategic Opportunities Fund has a twelve month low of $10.50 and a twelve month high of $15.20.

Guggenheim Strategic Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a dividend of $0.1821 per share. This represents a c) dividend on an annualized basis and a yield of 20.0%. The ex-dividend date of this dividend is Wednesday, July 15th.

About Guggenheim Strategic Opportunities Fund

(Get Free Report)

Guggenheim Strategic Opportunities Fund (NYSE: GOF) is a closed-end management investment company organized as a diversified, non-diversified or interval fund (as defined under the Investment Company Act of 1940). The fund commenced operations in February 2012 with a primary objective of seeking a high level of total return, consisting of both income and capital appreciation, through a flexible, opportunistic investment approach.

The fund’s core strategy focuses on investing across the capital structure of both debt and equity securities.

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