Short Interest in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Increases By 154.1%

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 46,000 shares, an increase of 154.1% from the September 30th total of 18,100 shares. Based on an average daily volume of 108,500 shares, the days-to-cover ratio is currently 0.4 days.

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

Shares of EOD stock traded up $0.01 on Friday, hitting $4.88. The stock had a trading volume of 156,160 shares, compared to its average volume of 118,765. The stock’s 50 day moving average is $4.92 and its 200-day moving average is $4.83. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 52-week low of $3.73 and a 52-week high of $5.06.

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

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th were paid a dividend of $0.1157 per share. This represents a $0.46 dividend on an annualized basis and a yield of 9.48%. The ex-dividend date of this dividend was Friday, September 13th. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.11.

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

Several institutional investors and hedge funds have recently made changes to their positions in EOD. Dakota Wealth Management bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the third quarter worth about $51,000. Centaurus Financial Inc. acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the second quarter valued at approximately $107,000. Cetera Advisors LLC lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 84.7% during the 1st quarter. Cetera Advisors LLC now owns 23,256 shares of the closed-end fund’s stock worth $112,000 after buying an additional 10,664 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 83.6% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 25,046 shares of the closed-end fund’s stock worth $122,000 after acquiring an additional 11,401 shares in the last quarter. Finally, Matisse Capital grew its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 32.8% in the 1st quarter. Matisse Capital now owns 27,511 shares of the closed-end fund’s stock worth $132,000 after acquiring an additional 6,800 shares in the last quarter.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

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.