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) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 87,700 shares, an increase of 477.0% from the December 31st total of 15,200 shares. Based on an average daily volume of 132,300 shares, the short-interest ratio is currently 0.7 days.

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

Shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund stock opened at $4.97 on Thursday. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1-year low of $4.33 and a 1-year high of $5.11. The business has a 50-day moving average of $4.94 and a 200-day moving average of $4.91.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, December 12th were given a $0.1204 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.70%. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EOD. Advisors Asset Management Inc. raised its holdings in 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 worth $7,468,000 after purchasing an additional 266,192 shares in the last quarter. Pathstone Holdings LLC raised its stake in shares of 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 worth $1,426,000 after buying an additional 180,633 shares in the last quarter. Centaurus Financial Inc. acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter valued at $107,000. Catalina Capital Group LLC bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter valued at about $60,000. Finally, Dakota Wealth Management bought a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the third quarter worth about $51,000.

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.