Guggenheim Active Allocation Fund (NYSE:GUG) Short Interest Down 58.3% in February

Guggenheim Active Allocation Fund (NYSE:GUG) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 16,000 shares, a decline of 58.3% from the February 13th total of 38,400 shares. Based on an average trading volume of 106,200 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Guggenheim Active Allocation Fund

Several institutional investors have recently modified their holdings of GUG. Raymond James Financial Inc. purchased a new stake in Guggenheim Active Allocation Fund in the 4th quarter valued at $7,535,000. Penserra Capital Management LLC purchased a new stake in Guggenheim Active Allocation Fund in the 3rd quarter valued at $4,951,000. Advisors Asset Management Inc. raised its position in Guggenheim Active Allocation Fund by 22.2% in the 4th quarter. Advisors Asset Management Inc. now owns 595,115 shares of the company’s stock valued at $8,849,000 after purchasing an additional 108,044 shares during the last quarter. Kovitz Investment Group Partners LLC raised its position in Guggenheim Active Allocation Fund by 127.4% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 157,875 shares of the company’s stock worth $2,348,000 after buying an additional 88,456 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in Guggenheim Active Allocation Fund by 5.9% during the 4th quarter. Baird Financial Group Inc. now owns 735,643 shares of the company’s stock worth $10,939,000 after buying an additional 40,723 shares during the last quarter.

Guggenheim Active Allocation Fund Price Performance

Shares of Guggenheim Active Allocation Fund stock traded down $0.33 on Friday, reaching $15.07. The company had a trading volume of 115,652 shares, compared to its average volume of 84,540. The firm’s 50 day moving average price is $15.45 and its two-hundred day moving average price is $15.67. Guggenheim Active Allocation Fund has a 52-week low of $13.93 and a 52-week high of $16.88.

Guggenheim Active Allocation Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.1188 per share. The ex-dividend date is Friday, March 14th. This represents a $1.43 annualized dividend and a dividend yield of 9.46%.