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 large increase in short interest in the month of 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 volume of 132,300 shares, the days-to-cover ratio is currently 0.7 days.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its stake in 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. Pathstone Holdings LLC lifted 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 acquiring an additional 180,633 shares in the last quarter. Centaurus Financial Inc. acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter worth $107,000. Logan Stone Capital LLC increased its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% during the 2nd quarter. Logan Stone Capital LLC now owns 109,326 shares of the closed-end fund’s stock worth $531,000 after purchasing an additional 21,371 shares in the last quarter. Finally, Dakota Wealth Management acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 3rd quarter valued at about $51,000.

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

Shares of EOD stock remained flat at $4.84 on Tuesday. The stock had a trading volume of 86,825 shares, compared to its average volume of 281,466. The stock’s 50 day simple moving average is $4.93 and its 200-day simple moving average is $4.90. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a one year low of $4.28 and a one year high of $5.11.

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

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

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.