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 target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 133,400 shares, an increase 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 currently 0.9 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 $4.93 on Friday. 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. The stock’s 50-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 Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Pathstone Holdings LLC grew 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. Advisors Asset Management Inc. increased its position 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 worth $7,468,000 after acquiring an additional 266,192 shares during the period. Catalina Capital Group LLC bought a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter valued at $60,000. Raymond James Financial Inc. bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter valued at about $136,000. Finally, Blue Bell Private Wealth Management LLC lifted its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 62.5% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 109,369 shares of the closed-end fund’s stock worth $544,000 after purchasing an additional 42,049 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.