Short Interest in Guggenheim Active Allocation Fund (NYSE:GUG) Drops By 88.9%

Guggenheim Active Allocation Fund (NYSE:GUG) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 6,000 shares, a decrease of 88.9% from the November 15th total of 54,200 shares. Based on an average trading volume of 84,600 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Guggenheim Active Allocation Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GUG. Kovitz Investment Group Partners LLC acquired a new stake in Guggenheim Active Allocation Fund during the 3rd quarter valued at approximately $1,130,000. Stifel Financial Corp boosted its holdings in Guggenheim Active Allocation Fund by 16.8% in the third quarter. Stifel Financial Corp now owns 54,793 shares of the company’s stock valued at $907,000 after purchasing an additional 7,896 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in Guggenheim Active Allocation Fund during the 3rd quarter worth about $539,000. Penserra Capital Management LLC purchased a new position in shares of Guggenheim Active Allocation Fund during the 3rd quarter valued at about $4,951,000. Finally, Kingsview Wealth Management LLC boosted its stake in shares of Guggenheim Active Allocation Fund by 3.4% in the third quarter. Kingsview Wealth Management LLC now owns 19,860 shares of the company’s stock worth $329,000 after buying an additional 649 shares during the last quarter.

Guggenheim Active Allocation Fund Stock Up 0.4 %

Shares of NYSE:GUG traded up $0.05 during trading on Wednesday, reaching $15.62. The stock had a trading volume of 118,278 shares, compared to its average volume of 84,623. Guggenheim Active Allocation Fund has a one year low of $13.82 and a one year high of $16.88. The firm’s 50-day simple moving average is $15.82 and its 200 day simple moving average is $15.62.

Guggenheim Active Allocation Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.1188 per share. The ex-dividend date of this dividend is Friday, December 13th.