Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Sees Large Drop in Short Interest

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 28,000 shares, a drop of 59.5% from the August 31st total of 69,200 shares. Based on an average daily trading volume, of 143,900 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 143,900 shares, the short-interest ratio is presently 0.2 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Down 0.6%

NYSE EOD opened at $5.72 on Friday. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1 year low of $4.24 and a 1 year high of $5.80. The business’s fifty day moving average is $5.66 and its two-hundred day moving average is $5.32.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Friday, September 12th were issued a dividend of $0.1267 per share. This is a positive change 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%. The ex-dividend date of this dividend was Friday, September 12th.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. J.W. Cole Advisors Inc. purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter worth about $58,000. Captrust Financial Advisors boosted its holdings 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 worth $66,000 after buying an additional 2,275 shares during the period. Dakota Wealth Management increased its position 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 worth $68,000 after acquiring an additional 3,000 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter worth approximately $74,000. Finally, New England Private Wealth Advisors LLC acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the second quarter valued at approximately $74,000.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

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.