Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Up 477.0% in December

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

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dakota Wealth Management acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 3rd quarter valued at $51,000. Centaurus Financial Inc. acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter valued at about $107,000. Logan Stone Capital LLC boosted its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 24.3% during the second quarter. Logan Stone Capital LLC now owns 109,326 shares of the closed-end fund’s stock worth $531,000 after acquiring an additional 21,371 shares during the last quarter. Pathstone Holdings LLC grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 173.8% during the 3rd quarter. Pathstone Holdings LLC now owns 284,566 shares of the closed-end fund’s stock valued at $1,426,000 after acquiring an additional 180,633 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in 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 valued at $7,468,000 after acquiring an additional 266,192 shares during the last quarter.

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

EOD stock remained flat at $4.82 during mid-day trading on Monday. The company’s stock had a trading volume of 216,083 shares, compared to its average volume of 309,283. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 52 week low of $4.28 and a 52 week high of $5.11. The firm has a 50-day moving average of $4.93 and a 200 day moving average of $4.91.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 12th were paid a $0.1204 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.48 dividend on an annualized basis and a yield of 9.99%.

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.