Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Sees Large Drop in Short Interest

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 26,702 shares, a decline of 29.7% from the December 15th total of 37,962 shares. Based on an average trading volume of 157,741 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 157,741 shares, the short-interest ratio is presently 0.2 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Down 0.1%

EOD traded down $0.01 on Friday, hitting $5.99. The company had a trading volume of 106,460 shares, compared to its average volume of 165,933. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1-year low of $4.24 and a 1-year high of $6.02. The company’s fifty day moving average price is $5.85 and its 200 day moving average price is $5.71.

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

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Thursday, December 11th were paid a $0.1315 dividend. The ex-dividend date was Thursday, December 11th. This is a boost from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13. This represents a $0.53 annualized dividend and a dividend yield of 8.8%.

Institutional Trading of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Several hedge funds have recently modified their holdings of the company. J.W. Cole Advisors Inc. bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter valued at about $58,000. Kovack Advisors Inc. acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 3rd quarter worth approximately $62,000. Captrust Financial Advisors boosted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.8% in the 2nd quarter. Captrust Financial Advisors now owns 12,275 shares of the closed-end fund’s stock worth $66,000 after purchasing an additional 2,275 shares during the period. New England Private Wealth Advisors LLC acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the second quarter worth about $74,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter valued at $74,000.

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.