Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) Short Interest Up 16.0% in November

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of GBAB. Fairscale Capital LLC purchased a new stake in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter valued at approximately $34,000. Sanctuary Advisors LLC acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter valued at approximately $189,000. Wolverine Asset Management LLC acquired a new position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 2nd quarter valued at about $208,000. Virtu Financial LLC purchased a new position in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the 3rd quarter valued at about $240,000. Finally, Beam Wealth Advisors Inc. purchased a new stake in shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the second quarter valued at $218,000.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Down 0.3 %

NYSE GBAB traded down $0.05 during trading hours on Tuesday, hitting $15.94. The company had a trading volume of 167,869 shares, compared to its average volume of 85,625. The firm has a 50 day simple moving average of $16.52 and a 200 day simple moving average of $16.70. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $15.51 and a 52 week high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.1257 dividend. The ex-dividend date of this dividend is Friday, December 13th.

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.