Guggenheim Active Allocation Fund (NYSE:GUG) Short Interest Down 45.7% in April

Guggenheim Active Allocation Fund (NYSE:GUG) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 38,826 shares, a decline of 45.7% from the April 15th total of 71,448 shares. Based on an average daily trading volume, of 52,327 shares, the short-interest ratio is currently 0.7 days.

Guggenheim Active Allocation Fund Stock Down 1.2%

Shares of Guggenheim Active Allocation Fund stock traded down $0.19 on Monday, hitting $15.46. The stock had a trading volume of 30,823 shares, compared to its average volume of 73,229. Guggenheim Active Allocation Fund has a 52-week low of $14.70 and a 52-week high of $16.50. The company’s 50 day moving average price is $15.53 and its 200 day moving average price is $15.58.

Guggenheim Active Allocation Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a $0.1188 dividend. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend is Friday, May 15th.

Insider Transactions at Guggenheim Active Allocation Fund

In other Guggenheim Active Allocation Fund news, insider Randall C. Barnes sold 3,000 shares of Guggenheim Active Allocation Fund stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $15.85, for a total transaction of $47,550.00. Following the completion of the sale, the insider directly owned 62,322 shares of the company’s stock, valued at $987,803.70. The trade was a 4.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Institutional Trading of Guggenheim Active Allocation Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in shares of Guggenheim Active Allocation Fund by 3.2% in the 1st quarter. Royal Bank of Canada now owns 500,014 shares of the company’s stock valued at $7,610,000 after purchasing an additional 15,296 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Guggenheim Active Allocation Fund by 59.9% in the 1st quarter. Cetera Investment Advisers now owns 43,694 shares of the company’s stock valued at $665,000 after purchasing an additional 16,361 shares during the last quarter. Ascentis Independent Advisors lifted its holdings in shares of Guggenheim Active Allocation Fund by 1.9% in the 1st quarter. Ascentis Independent Advisors now owns 48,577 shares of the company’s stock valued at $739,000 after purchasing an additional 883 shares during the last quarter. World Investment Advisors lifted its holdings in shares of Guggenheim Active Allocation Fund by 5.0% in the 1st quarter. World Investment Advisors now owns 32,529 shares of the company’s stock valued at $495,000 after purchasing an additional 1,562 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Guggenheim Active Allocation Fund by 35.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 30,004 shares of the company’s stock valued at $460,000 after purchasing an additional 7,861 shares during the last quarter.

Guggenheim Active Allocation Fund is a diversified, closed-end management investment company trading on the New York Stock Exchange under the ticker symbol GUG. The fund aims to provide a combination of current income and capital appreciation by employing an actively managed, multi-asset strategy. Its investment universe spans global equity securities, fixed-income instruments, convertible securities and derivative instruments, allowing the portfolio to capture opportunities across market cycles and geographic regions.

Employing a dynamic asset allocation framework, the fund’s management team adjusts exposures based on market valuations, economic outlooks and risk assessments.