Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Up 54.4% in December

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 37,962 shares, a growth of 54.4% from the November 30th total of 24,581 shares. Based on an average daily volume of 224,699 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 224,699 shares, the short-interest ratio is presently 0.2 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Up 0.3%

EOD stock opened at $5.87 on Wednesday. The company has a 50 day moving average price of $5.80 and a two-hundred day moving average price of $5.66. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a one year low of $4.24 and a one year high of $6.00.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be given a $0.1315 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.13. This represents a $0.53 annualized dividend and a dividend yield of 9.0%.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the second quarter worth about $58,000. Kovack Advisors Inc. bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the third quarter worth about $62,000. Captrust Financial Advisors grew its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.8% during the second quarter. Captrust Financial Advisors now owns 12,275 shares of the closed-end fund’s stock worth $66,000 after acquiring an additional 2,275 shares during the last quarter. New England Private Wealth Advisors LLC bought a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter valued at about $74,000. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the second quarter valued at approximately $74,000.

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.