Short Interest in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Expands By 477.0%

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 87,700 shares, an increase of 477.0% from the December 15th total of 15,200 shares. Based on an average daily trading volume, of 132,300 shares, the short-interest ratio is presently 0.7 days.

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

EOD remained flat at $4.84 on Tuesday. The company had a trading volume of 86,825 shares, compared to its average volume of 281,466. The business has a 50 day moving average of $4.93 and a two-hundred day moving average of $4.90. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1 year low of $4.28 and a 1 year high of $5.11.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 12th were given a dividend of $0.1204 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.48 annualized dividend and a dividend yield of 9.95%.

Institutional Investors Weigh In On Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Several institutional investors and hedge funds have recently made changes to their positions in EOD. Advisors Asset Management Inc. grew its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.7% during the third quarter. Advisors Asset Management Inc. now owns 1,490,561 shares of the closed-end fund’s stock valued at $7,468,000 after purchasing an additional 266,192 shares during the last quarter. Pathstone Holdings LLC boosted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 173.8% in the 3rd quarter. Pathstone Holdings LLC now owns 284,566 shares of the closed-end fund’s stock valued at $1,426,000 after buying an additional 180,633 shares during the last quarter. Logan Stone Capital LLC boosted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% in the 2nd quarter. Logan Stone Capital LLC now owns 109,326 shares of the closed-end fund’s stock valued at $531,000 after buying an additional 21,371 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter valued at $107,000. Finally, Dakota Wealth Management bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the third quarter worth $51,000.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

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.