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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EODGet Rating) saw a significant increase in short interest in April. As of April 30th, there was short interest totalling 139,300 shares, an increase of 149.6% from the April 15th total of 55,800 shares. Based on an average daily volume of 166,600 shares, the days-to-cover ratio is presently 0.8 days.

A number of institutional investors and hedge funds have recently bought and sold shares of EOD. Shaker Financial Services LLC increased its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 1,187.1% in the 1st quarter. Shaker Financial Services LLC now owns 642,215 shares of the closed-end fund’s stock valued at $3,404,000 after buying an additional 592,320 shares during the last quarter. Morgan Stanley increased its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 16.9% in the 2nd quarter. Morgan Stanley now owns 3,352,339 shares of the closed-end fund’s stock valued at $19,377,000 after buying an additional 484,125 shares during the last quarter. Guggenheim Capital LLC increased its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 117.6% in the 4th quarter. Guggenheim Capital LLC now owns 837,986 shares of the closed-end fund’s stock valued at $4,936,000 after buying an additional 452,918 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 1st quarter valued at $1,417,000. Finally, Invesco Ltd. acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 2nd quarter worth about $408,000.

EOD traded up $0.17 during trading on Friday, hitting $4.77. The company had a trading volume of 98,109 shares, compared to its average volume of 185,114. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a one year low of $4.55 and a one year high of $6.08. The firm’s 50-day moving average price is $5.10 and its 200 day moving average price is $5.48.

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 1st. Investors of record on Monday, March 14th were given a $0.1343 dividend. This is a boost from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13. This represents a $0.54 annualized dividend and a yield of 11.26%. The ex-dividend date of this dividend was Friday, March 11th.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (Get Rating)

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.

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