Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) Sees Large Increase in Short Interest

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 76,000 shares, a growth of 143.6% from the August 31st total of 31,200 shares. Based on an average daily volume of 153,200 shares, the short-interest ratio is currently 0.5 days.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Trading Up 0.3 %

NYSEAMERICAN:EAD opened at $7.11 on Friday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 1 year low of $5.69 and a 1 year high of $7.14.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be issued a $0.0525 dividend. The ex-dividend date of this dividend is Tuesday, October 15th.

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

Several hedge funds and other institutional investors have recently bought and sold shares of EAD. Thoroughbred Financial Services LLC purchased a new stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the second quarter valued at about $72,000. Choreo LLC purchased a new stake in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the 2nd quarter valued at approximately $150,000. Integrated Capital Management Inc. grew its holdings in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 17.9% during the 2nd quarter. Integrated Capital Management Inc. now owns 31,766 shares of the closed-end fund’s stock valued at $210,000 after buying an additional 4,828 shares during the last quarter. Easterly Investment Partners LLC raised its holdings in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 11.3% in the first quarter. Easterly Investment Partners LLC now owns 145,231 shares of the closed-end fund’s stock worth $964,000 after acquiring an additional 14,712 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 1.4% in the second quarter. Park Avenue Securities LLC now owns 177,451 shares of the closed-end fund’s stock valued at $1,175,000 after acquiring an additional 2,536 shares in 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.