Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Down 49.4% in June

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 44,850 shares, a decrease of 49.4% from the May 31st total of 88,589 shares. Based on an average trading volume of 96,162 shares, the days-to-cover ratio is currently 0.5 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of EOD. PNC Financial Services Group Inc. grew its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 25,150 shares of the closed-end fund’s stock worth $147,000 after buying an additional 1,600 shares during the period. Karpus Management Inc. lifted its position in 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 valued at $4,207,000 after acquiring an additional 2,168 shares during the period. Captrust Financial Advisors lifted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.8% during the 2nd quarter. Captrust Financial Advisors now owns 12,275 shares of the closed-end fund’s stock valued at $66,000 after acquiring an additional 2,275 shares during the period. Kovack Advisors Inc. boosted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 28.3% during the fourth quarter. Kovack Advisors Inc. now owns 13,958 shares of the closed-end fund’s stock worth $81,000 after acquiring an additional 3,080 shares in the last quarter. Finally, Kane Investment Management Inc. boosted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 33.2% during the third quarter. Kane Investment Management Inc. now owns 16,950 shares of the closed-end fund’s stock worth $97,000 after acquiring an additional 4,225 shares in the last quarter.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Up 0.1%

NYSE:EOD opened at $6.51 on Tuesday. The firm’s fifty day simple moving average is $6.45 and its 200 day simple moving average is $6.15. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a twelve month low of $5.33 and a twelve month high of $6.74.

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

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th will be given a $0.1421 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.57 annualized dividend and a dividend yield of 8.7%. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.14.

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.