Short Interest in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Drops By 45.6%

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 85,782 shares, a decline of 45.6% from the April 15th total of 157,717 shares. Based on an average trading volume of 114,107 shares, the short-interest ratio is currently 0.8 days.

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

A number of institutional investors have recently modified their holdings of EOD. Cetera Investment Advisers raised its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 13.3% in the second quarter. Cetera Investment Advisers now owns 55,428 shares of the closed-end fund’s stock worth $299,000 after acquiring an additional 6,519 shares during the last quarter. Invesco Ltd. raised its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 5.3% in the second quarter. Invesco Ltd. now owns 695,819 shares of the closed-end fund’s stock worth $3,750,000 after acquiring an additional 35,174 shares during the last quarter. Karpus Management Inc. raised its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 0.3% in the second quarter. Karpus Management Inc. now owns 780,541 shares of the closed-end fund’s stock worth $4,207,000 after acquiring an additional 2,168 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.2% in the second quarter. Raymond James Financial Inc. now owns 787,542 shares of the closed-end fund’s stock worth $4,245,000 after acquiring an additional 143,209 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter worth about $116,000.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Down 0.9%

Shares of NYSE EOD traded down $0.06 during trading on Friday, reaching $6.41. The company had a trading volume of 59,499 shares, compared to its average volume of 126,470. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 52 week low of $5.13 and a 52 week high of $6.59. The business’s 50 day moving average price is $6.13 and its 200-day moving average price is $6.00.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th were paid a $0.1364 dividend. This is a boost from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13. This represents a $0.55 dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend was Thursday, March 12th.

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.