Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Short Interest Update

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 42,100 shares, an increase of 16.0% from the October 31st total of 36,300 shares. Based on an average daily trading volume, of 106,100 shares, the days-to-cover ratio is presently 0.4 days.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Up 0.6 %

GBAB stock traded up $0.09 during trading hours on Friday, hitting $15.90. 189,034 shares of the stock were exchanged, compared to its average volume of 84,545. The company has a 50-day simple moving average of $16.55 and a two-hundred day simple moving average of $16.69. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $15.51 and a 12 month high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a $0.1257 dividend. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.49%. The ex-dividend date of this dividend was Friday, November 15th.

Institutional Trading of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Large investors have recently bought and sold shares of the business. Fairscale Capital LLC acquired a new stake in shares of 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 during the second quarter valued at approximately $189,000. Wolverine Asset Management LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter valued at approximately $208,000. Beam Wealth Advisors Inc. purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the second quarter valued at approximately $218,000. Finally, Virtu Financial LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust during the third quarter valued at approximately $240,000.

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.