Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Update

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 37,367 shares, a growth of 62.0% from the August 31st total of 23,067 shares. Based on an average daily volume of 108,441 shares, the short-interest ratio is currently 0.3 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Down 1.0%

EOD traded down $0.06 during midday trading on Thursday, hitting $6.34. 284,007 shares of the company were exchanged, compared to its average volume of 112,228. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1-year low of $5.51 and a 1-year high of $6.74. The firm’s 50 day moving average price is $6.55 and its 200-day moving average price is $6.41.

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

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be given a dividend of $0.1482 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 9.4%. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.1421. The ex-dividend date is Friday, September 11th.

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

Several institutional investors have recently added to or reduced their stakes in EOD. Concorde Asset Management LLC bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter valued at $132,000. Ameritas Advisory Services LLC raised its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 42.8% during the second quarter. Ameritas Advisory Services LLC now owns 18,570 shares of the closed-end fund’s stock worth $121,000 after buying an additional 5,570 shares during the last quarter. Bank of America Corp DE raised its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 4.7% during the first quarter. Bank of America Corp DE now owns 746,373 shares of the closed-end fund’s stock worth $4,351,000 after buying an additional 33,725 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.1% in the first 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. Finally, PNC Financial Services Group Inc. lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% in the first 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.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-end investment fund traded on the New York Stock Exchange under the symbol EOD. The fund seeks to provide investors with a high level of current income and long-term growth of capital by investing primarily in dividend-paying securities issued by companies around the world.

The fund’s portfolio may include common stocks and other equity-related investments across a range of industries, countries and regions.