Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Up 50.2% in August

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 57,688 shares, an increase of 50.2% from the July 30th total of 38,400 shares. Based on an average trading volume of 95,235 shares, the short-interest ratio is currently 0.6 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Down 0.5%

NYSE EOD traded down $0.04 during trading on Tuesday, reaching $6.62. 17,840 shares of the company’s stock traded hands, compared to its average volume of 110,700. The company’s 50 day simple moving average is $6.56 and its two-hundred day simple moving average is $6.35. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 12-month low of $5.51 and a 12-month high of $6.74.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be paid a $0.1482 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 9.0%. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, September 11th.

Institutional Trading of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

A number of hedge funds have recently bought and sold shares of the stock. Advisors Asset Management Inc. boosted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 0.9% during the 4th quarter. Advisors Asset Management Inc. now owns 2,473,792 shares of the closed-end fund’s stock valued at $14,422,000 after acquiring an additional 21,557 shares in the last quarter. Pathstone Holdings LLC increased its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 82.9% in the 3rd quarter. Pathstone Holdings LLC now owns 1,392,891 shares of the closed-end fund’s stock valued at $7,939,000 after acquiring an additional 631,362 shares during the period. Raymond James Financial Inc. raised its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 16.9% in the 3rd quarter. Raymond James Financial Inc. now owns 920,693 shares of the closed-end fund’s stock worth $5,248,000 after acquiring an additional 133,151 shares in the last quarter. Invesco Ltd. raised its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 4.1% in the 4th quarter. Invesco Ltd. now owns 822,197 shares of the closed-end fund’s stock worth $4,793,000 after acquiring an additional 32,381 shares in the last quarter. Finally, Karpus Management Inc. lifted its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 0.3% during the 2nd quarter. Karpus Management Inc. now owns 780,541 shares of the closed-end fund’s stock worth $4,207,000 after purchasing an additional 2,168 shares during the last quarter.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

The Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) is a closed-end management investment company focused on providing investors with exposure to dividend-paying equities across both developed and emerging markets. Listed on the New York Stock Exchange, the fund seeks to deliver a high level of current income along with the potential for capital appreciation by investing in a diversified portfolio of global stocks.

Advised by Allspring Global Investments, the fund employs a bottom-up research process to identify companies with strong dividend track records, sustainable payout ratios and attractive growth prospects.