Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Sees Large 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 February. As of February 28th, there was short interest totalling 133,400 shares, a growth of 297.0% from the February 13th total of 33,600 shares. Based on an average trading volume of 147,700 shares, the days-to-cover ratio is presently 0.9 days.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Saba Capital Management L.P. boosted its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 0.8% during the 4th quarter. Saba Capital Management L.P. now owns 1,886,968 shares of the closed-end fund’s stock valued at $9,378,000 after buying an additional 15,415 shares during the last quarter. Advisors Asset Management Inc. raised its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.8% during the fourth quarter. Advisors Asset Management Inc. now owns 1,814,956 shares of the closed-end fund’s stock worth $9,020,000 after acquiring an additional 324,395 shares during the period. Bank of America Corp DE lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% in the fourth quarter. Bank of America Corp DE now owns 854,475 shares of the closed-end fund’s stock worth $4,247,000 after acquiring an additional 54,639 shares during the last quarter. Invesco Ltd. boosted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 2.4% in the fourth quarter. Invesco Ltd. now owns 669,283 shares of the closed-end fund’s stock valued at $3,326,000 after acquiring an additional 15,455 shares during the period. Finally, 1607 Capital Partners LLC raised its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 11.7% during the 4th quarter. 1607 Capital Partners LLC now owns 562,546 shares of the closed-end fund’s stock worth $2,796,000 after purchasing an additional 58,699 shares during the period.

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

Shares of EOD stock opened at $4.90 on Thursday. The company’s fifty day simple moving average is $5.03 and its 200-day simple moving average is $4.96. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 52 week low of $4.39 and a 52 week high of $5.29.

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

The business also recently disclosed a — dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.1243 per share. This represents a dividend yield of 9.1%. The ex-dividend date is Thursday, March 13th.

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.