Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Up 477.0% in December

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 87,700 shares, an increase of 477.0% from the December 15th total of 15,200 shares. Based on an average daily trading volume, of 132,300 shares, the days-to-cover ratio is currently 0.7 days.

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

A number of institutional investors and hedge funds have recently made changes to their positions in EOD. Advisors Asset Management Inc. grew its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,490,561 shares of the closed-end fund’s stock worth $7,468,000 after purchasing an additional 266,192 shares during the period. Pathstone Holdings LLC grew its stake in 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 valued at $1,426,000 after acquiring an additional 180,633 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter valued at about $107,000. Logan Stone Capital LLC grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% in the 2nd quarter. Logan Stone Capital LLC now owns 109,326 shares of the closed-end fund’s stock valued at $531,000 after acquiring an additional 21,371 shares during the last quarter. Finally, Dakota Wealth Management acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 3rd quarter valued at about $51,000.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Up 1.6 %

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund stock traded up $0.08 during trading hours on Wednesday, reaching $4.93. 46,747 shares of the stock were exchanged, compared to its average volume of 254,464. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 52-week low of $4.28 and a 52-week high of $5.11. The firm’s 50 day moving average is $4.93 and its 200 day moving average is $4.90.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Thursday, December 12th were paid a dividend of $0.1204 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.77%.

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.