Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Update

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 25,300 shares, a drop of 66.3% from the November 15th total of 75,000 shares. Based on an average trading volume of 117,700 shares, the days-to-cover ratio is presently 0.2 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Pathstone Holdings LLC lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 173.8% in the third quarter. Pathstone Holdings LLC now owns 284,566 shares of the closed-end fund’s stock valued at $1,426,000 after acquiring an additional 180,633 shares during the period. Advisors Asset Management Inc. increased its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.7% in 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 buying an additional 266,192 shares in the last quarter. Dakota Wealth Management purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the third quarter valued at $51,000. Centaurus Financial Inc. purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter valued at $107,000. Finally, Logan Stone Capital LLC increased its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% in the second 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 in the last quarter.

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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund stock traded up $0.03 during midday trading on Wednesday, reaching $5.07. The company’s stock had a trading volume of 68,468 shares, compared to its average volume of 118,063. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a fifty-two week low of $4.18 and a fifty-two week high of $5.11. The stock’s 50 day simple moving average is $4.95 and its 200 day simple moving average is $4.90.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Thursday, December 12th will be issued a $0.1204 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 9.50%. The ex-dividend date of this dividend is Thursday, December 12th.

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.