Short Interest in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Declines By 86.9%

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 7,300 shares, a decrease of 86.9% from the June 30th total of 55,800 shares. Based on an average trading volume of 106,800 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of EOD. Cetera Advisors LLC increased its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 84.7% during the 1st quarter. Cetera Advisors LLC now owns 23,256 shares of the closed-end fund’s stock worth $112,000 after purchasing an additional 10,664 shares in the last quarter. Advisors Asset Management Inc. lifted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 29.9% during the first quarter. Advisors Asset Management Inc. now owns 918,969 shares of the closed-end fund’s stock worth $4,411,000 after acquiring an additional 211,487 shares during the last quarter. Karpus Management Inc. acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the first quarter valued at approximately $1,380,000. Matisse Capital raised its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 32.8% in the first quarter. Matisse Capital now owns 27,511 shares of the closed-end fund’s stock valued at $132,000 after buying an additional 6,800 shares in the last quarter. Finally, Quantedge Capital Pte Ltd acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter valued at approximately $147,000.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Price Performance

Shares of EOD stock traded down $0.04 during mid-day trading on Thursday, reaching $4.84. The stock had a trading volume of 122,528 shares, compared to its average volume of 123,226. The firm’s 50 day simple moving average is $4.88 and its 200 day simple moving average is $4.66. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a one year low of $3.73 and a one year high of $5.05.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 13th were given a dividend of $0.1113 per share. The ex-dividend date was Thursday, June 13th. This represents a $0.45 dividend on an annualized basis and a yield of 9.20%.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Company Profile

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe.