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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 87,700 shares, a growth of 477.0% from the December 31st total of 15,200 shares. Based on an average daily trading volume, of 132,300 shares, the short-interest ratio is presently 0.7 days.

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

Shares of EOD opened at $4.97 on Thursday. The company’s 50 day simple moving average is $4.94 and its 200 day simple moving average is $4.91. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1 year low of $4.33 and a 1 year high of $5.11.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, December 12th were issued a $0.1204 dividend. This represents a $0.48 annualized dividend and a yield of 9.70%. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Dakota Wealth Management purchased a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 3rd quarter valued at $51,000. Catalina Capital Group LLC acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the fourth quarter valued at $60,000. Centaurus Financial Inc. purchased a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the second quarter valued at about $107,000. Pathstone Holdings LLC increased its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 173.8% during the third quarter. Pathstone Holdings LLC now owns 284,566 shares of the closed-end fund’s stock worth $1,426,000 after acquiring an additional 180,633 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 21.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,490,561 shares of the closed-end fund’s stock worth $7,468,000 after purchasing an additional 266,192 shares during the period.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Company Profile

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.