Short Interest in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Grows By 93.9%

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 54,300 shares, an increase of 93.9% from the September 15th total of 28,000 shares. Based on an average trading volume of 147,300 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 147,300 shares, the days-to-cover ratio is currently 0.4 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Down 0.7%

EOD opened at $5.69 on Thursday. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a fifty-two week low of $4.24 and a fifty-two week high of $5.80. The company’s 50-day moving average price is $5.68 and its 200 day moving average price is $5.38.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Friday, September 12th were paid a $0.1267 dividend. The ex-dividend date was Friday, September 12th. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13. This represents a $0.51 annualized dividend and a dividend yield of 8.9%.

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

Several large investors have recently made changes to their positions in EOD. J.W. Cole Advisors Inc. acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter valued at approximately $58,000. Captrust Financial Advisors increased its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.8% in the second quarter. Captrust Financial Advisors now owns 12,275 shares of the closed-end fund’s stock valued at $66,000 after purchasing an additional 2,275 shares during the period. Dakota Wealth Management increased its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 28.0% in the first quarter. Dakota Wealth Management now owns 13,720 shares of the closed-end fund’s stock valued at $68,000 after purchasing an additional 3,000 shares during the period. Concurrent Investment Advisors LLC acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter valued at approximately $74,000. Finally, New England Private Wealth Advisors LLC bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter valued at approximately $74,000.

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.