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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 85,300 shares, an increase of 15.7% from the May 31st total of 73,700 shares. Based on an average daily trading volume, of 128,600 shares, the short-interest ratio is presently 0.7 days.

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

A number of institutional investors have recently made changes to their positions in EOD. Karpus Management Inc. bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the first quarter worth about $1,380,000. Shaker Financial Services LLC increased its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 56.4% in the fourth quarter. Shaker Financial Services LLC now owns 694,844 shares of the closed-end fund’s stock worth $3,087,000 after purchasing an additional 250,500 shares during the period. Advisors Asset Management Inc. grew its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 29.9% during the first quarter. Advisors Asset Management Inc. now owns 918,969 shares of the closed-end fund’s stock worth $4,411,000 after buying an additional 211,487 shares in the last quarter. 1607 Capital Partners LLC acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $307,000. Finally, Principal Securities Inc. acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $286,000.

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

NYSE EOD opened at $4.93 on Wednesday. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a fifty-two week low of $3.73 and a fifty-two week high of $4.99. The stock’s 50-day moving average is $4.78 and its two-hundred day moving average is $4.59.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 13th were paid a $0.1113 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 9.03%.

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.