Short Interest in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Decreases By 60.0%

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 23,067 shares, a decrease of 60.0% from the August 15th total of 57,688 shares. Based on an average trading volume of 74,380 shares, the short-interest ratio is currently 0.3 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Up 0.2%

Shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund stock traded up $0.01 during trading on Tuesday, hitting $6.38. 64,467 shares of the company’s stock were exchanged, compared to its average volume of 111,128. The business has a 50-day simple moving average of $6.58 and a 200-day simple moving average of $6.39. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 52-week low of $5.51 and a 52-week high of $6.74.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be given a dividend of $0.1482 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.59 annualized dividend and a yield of 9.3%. This is an increase from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.14.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its holdings 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 acquiring an additional 33,725 shares during the period. Closed End Fund Advisors Inc. purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter valued at approximately $2,090,000. Blue Bell Private Wealth Management LLC lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 14.3% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 167,315 shares of the closed-end fund’s stock valued at $975,000 after acquiring an additional 20,905 shares during the period. 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 acquiring an additional 16,333 shares during the period. Finally, Kane Investment Management Inc. lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 101.2% in the fourth quarter. Kane Investment Management Inc. now owns 34,099 shares of the closed-end fund’s stock valued at $199,000 after acquiring an additional 17,149 shares during the period.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

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.