Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Down 60.0% in August

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 23,067 shares, a drop of 60.0% from the August 15th total of 57,688 shares. Based on an average daily volume of 74,380 shares, the short-interest ratio is currently 0.3 days.

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

EOD opened at $6.43 on Friday. The firm’s fifty day moving average is $6.58 and its 200 day moving average is $6.38. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a fifty-two week low of $5.51 and a fifty-two week high of $6.74.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be issued a dividend of $0.1482 per share. This is a boost from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.14. This represents a $0.59 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend is Friday, September 11th.

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

Several large investors have recently made changes to their positions in EOD. Pathstone Holdings LLC lifted its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 82.9% in the third 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 in the last quarter. Guggenheim Capital LLC boosted its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 337.9% during the fourth quarter. Guggenheim Capital LLC now owns 656,112 shares of the closed-end fund’s stock worth $3,825,000 after acquiring an additional 506,268 shares during the last quarter. Closed End Fund Advisors Inc. purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter valued at $2,090,000. Raymond James Financial Inc. grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.2% during the second quarter. Raymond James Financial Inc. now owns 787,542 shares of the closed-end fund’s stock valued at $4,245,000 after acquiring an additional 143,209 shares in the last quarter. Finally, CreativeOne Wealth LLC bought a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 4th quarter valued at $714,000.

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.