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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the recipient of a large decline in short interest in 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.

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

Several institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers grew its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.1% during the 1st quarter. Cetera Investment Advisers now owns 90,144 shares of the closed-end fund’s stock valued at $526,000 after buying an additional 16,333 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 25,150 shares of the closed-end fund’s stock valued at $147,000 after buying an additional 1,600 shares during the period. Invesco Ltd. grew its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 4.1% during the 4th quarter. Invesco Ltd. now owns 822,197 shares of the closed-end fund’s stock valued at $4,793,000 after buying an additional 32,381 shares during the period. Harbour Wealth Management Group Inc. purchased a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter valued at $117,000. Finally, XTX Topco Ltd purchased a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter valued at $144,000.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Down 0.4%

Shares of NYSE EOD traded down $0.03 during trading on Monday, hitting $6.37. 62,407 shares of the company traded hands, compared to its average volume of 125,785. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1 year low of $5.13 and a 1 year high of $6.59. The company has a 50-day moving average price of $6.13 and a 200-day moving average price of $6.00.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th were paid a dividend of $0.1364 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.55 annualized dividend and a dividend yield of 8.6%. This is a boost from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13.

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.