Guggenheim Enhanced Equity Income Fund (NYSE:GPM) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 27,400 shares, a decrease of 78.5% from the September 15th total of 127,600 shares. Based on an average daily volume of 188,400 shares, the days-to-cover ratio is currently 0.1 days.
GPM stock traded up $0.15 during trading on Thursday, hitting $10.13. 9,649 shares of the company traded hands, compared to its average volume of 210,119. Guggenheim Enhanced Equity Income Fund has a 1 year low of $5.33 and a 1 year high of $10.24. The company has a 50-day moving average of $9.52 and a 200-day moving average of $8.76.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Shareholders of record on Wednesday, September 15th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 4.74%. The ex-dividend date was Tuesday, September 14th.
About Guggenheim Enhanced Equity Income Fund
Guggenheim Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Guggenheim Partners Investment Management, LLC. It is co-managed by Guggenheim Funds Investment Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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