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 during 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 short-interest ratio is presently 0.6 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Down 0.4 %

Shares of EOD traded down $0.02 during mid-day trading on Thursday, hitting $4.92. 59,975 shares of the company’s stock were exchanged, compared to its average volume of 119,540. 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. The stock’s 50-day simple moving average is $4.93 and its 200-day simple moving average is $4.88.

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. Shareholders of record on Thursday, December 12th will be paid a dividend of $0.1204 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.79%.

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

Hedge funds have recently modified their holdings of the business. Advisors Asset Management Inc. raised its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.7% during 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 purchasing an additional 266,192 shares during the period. Pathstone Holdings LLC increased its stake 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 buying an additional 180,633 shares during the last quarter. Dakota Wealth Management purchased a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 3rd quarter worth approximately $51,000. Centaurus Financial Inc. purchased a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 2nd quarter worth approximately $107,000. Finally, Logan Stone Capital LLC boosted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% in the 2nd quarter. Logan Stone Capital LLC now owns 109,326 shares of the closed-end fund’s stock worth $531,000 after buying an additional 21,371 shares during the period.

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.