Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Sees Significant Increase in Short Interest

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 75,000 shares, a growth of 230.4% from the October 31st total of 22,700 shares. Based on an average trading volume of 115,600 shares, the days-to-cover ratio is presently 0.6 days.

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

Shares of EOD stock traded down $0.02 during mid-day trading on Thursday, reaching $4.92. The stock had a trading volume of 59,975 shares, compared to its average volume of 119,540. The stock’s 50-day moving average price is $4.93 and its two-hundred day moving average price is $4.88. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 52-week low of $4.14 and a 52-week high of $5.06.

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

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Thursday, December 12th will be paid a dividend of $0.1204 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.79%. The ex-dividend date of this dividend is Thursday, December 12th.

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

A number of large investors have recently modified their holdings of EOD. Advisors Asset Management Inc. boosted its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.7% during the 3rd 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 in the last quarter. Pathstone Holdings LLC boosted its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 173.8% during the 3rd quarter. Pathstone Holdings LLC now owns 284,566 shares of the closed-end fund’s stock valued at $1,426,000 after purchasing an additional 180,633 shares in the last quarter. Centaurus Financial Inc. bought a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the second quarter worth about $107,000. Logan Stone Capital LLC boosted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% during the second quarter. Logan Stone Capital LLC now owns 109,326 shares of the closed-end fund’s stock worth $531,000 after acquiring an additional 21,371 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 83.6% during the second quarter. Blue Bell Private Wealth Management LLC now owns 25,046 shares of the closed-end fund’s stock worth $122,000 after acquiring an additional 11,401 shares in the last quarter.

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.