Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) Short Interest Update

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 50,300 shares, an increase of 170.4% from the February 13th total of 18,600 shares. Based on an average daily trading volume, of 164,800 shares, the short-interest ratio is presently 0.3 days.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Performance

EAD traded up $0.01 during trading hours on Friday, hitting $6.81. The company’s stock had a trading volume of 115,516 shares, compared to its average volume of 164,307. The firm has a 50-day moving average of $6.93. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 12 month low of $6.29 and a 12 month high of $7.22.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Tuesday, April 1st. Investors of record on Thursday, March 13th will be given a $0.0535 dividend. This represents a yield of 9%. The ex-dividend date is Thursday, March 13th.

Institutional Investors Weigh In On Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

Several large investors have recently bought and sold shares of the business. Pathstone Holdings LLC increased its position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 54.9% during the third quarter. Pathstone Holdings LLC now owns 1,279,130 shares of the closed-end fund’s stock valued at $9,121,000 after acquiring an additional 453,308 shares during the last quarter. Avior Wealth Management LLC increased its position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 58.4% during the third quarter. Avior Wealth Management LLC now owns 13,495 shares of the closed-end fund’s stock valued at $96,000 after acquiring an additional 4,977 shares during the last quarter. Jane Street Group LLC bought a new position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund during the third quarter valued at $73,000. Park Avenue Securities LLC increased its position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 5.7% during the fourth quarter. Park Avenue Securities LLC now owns 181,824 shares of the closed-end fund’s stock valued at $1,253,000 after acquiring an additional 9,817 shares during the last quarter. Finally, Choreo LLC increased its position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 9.0% during the fourth quarter. Choreo LLC now owns 25,408 shares of the closed-end fund’s stock valued at $176,000 after acquiring an additional 2,091 shares during the last quarter.

About Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Wells Capital Management Incorporated. The fund invests in the fixed income markets of the United States. It primarily invests in below investment grade debt securities, high-yield debt securities, loans and preferred stocks rated Ba or lower by Moody's Investors Service, Inc or BB or lower by Standard & Poor's Ratings Group.