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) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 37,962 shares, a growth of 54.4% from the November 30th total of 24,581 shares. Based on an average daily trading volume, of 224,699 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 224,699 shares, the days-to-cover ratio is presently 0.2 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Pathstone Holdings LLC raised its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 82.9% during the 3rd quarter. Pathstone Holdings LLC now owns 1,392,891 shares of the closed-end fund’s stock worth $7,939,000 after buying an additional 631,362 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 2,261.9% during the first quarter. Raymond James Financial Inc. now owns 644,333 shares of the closed-end fund’s stock worth $3,189,000 after acquiring an additional 617,053 shares during the period. Advisors Asset Management Inc. raised its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 18.0% during the first quarter. Advisors Asset Management Inc. now owns 2,142,107 shares of the closed-end fund’s stock worth $10,603,000 after purchasing an additional 327,151 shares in the last quarter. Shaker Financial Services LLC lifted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 228.9% in the second quarter. Shaker Financial Services LLC now owns 145,159 shares of the closed-end fund’s stock valued at $791,000 after purchasing an additional 101,024 shares during the period. Finally, Invesco Ltd. lifted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 13.5% in the third quarter. Invesco Ltd. now owns 789,816 shares of the closed-end fund’s stock valued at $4,502,000 after purchasing an additional 93,997 shares during the period.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Up 0.3%

NYSE EOD traded up $0.02 on Tuesday, hitting $5.87. 143,330 shares of the stock were exchanged, compared to its average volume of 139,133. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a fifty-two week low of $4.24 and a fifty-two week high of $6.00. The company has a 50-day moving average price of $5.79 and a 200-day moving average price of $5.65.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be issued a $0.1315 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13. This represents a $0.53 dividend on an annualized basis and a dividend yield of 9.0%.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Company Profile

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.