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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 70,400 shares, a decline of 15.6% from the March 15th total of 83,400 shares. Based on an average daily volume of 131,600 shares, the days-to-cover ratio is currently 0.5 days.

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

A number of large investors have recently added to or reduced their stakes in EOD. Cetera Investment Advisers lifted its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 17.9% during the 4th quarter. Cetera Investment Advisers now owns 44,319 shares of the closed-end fund’s stock valued at $220,000 after acquiring an additional 6,742 shares during the period. Envestnet Asset Management Inc. raised its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 13.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 70,869 shares of the closed-end fund’s stock valued at $352,000 after purchasing an additional 8,657 shares in the last quarter. PNC Financial Services Group Inc. bought a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $47,000. Harbour Investments Inc. grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 15.7% during the fourth quarter. Harbour Investments Inc. now owns 72,936 shares of the closed-end fund’s stock worth $362,000 after buying an additional 9,875 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 4th quarter valued at about $50,000.

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

NYSE EOD opened at $4.77 on Wednesday. The firm has a 50-day moving average price of $4.94 and a two-hundred day moving average price of $4.94. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 12-month low of $4.24 and a 12-month high of $5.29.

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

The business also recently declared a — dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 13th were paid a $0.1243 dividend. This represents a dividend yield of 9.1%. The ex-dividend date of this dividend was Thursday, March 13th.

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.