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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 57,688 shares, a growth of 50.2% from the July 30th total of 38,400 shares. Based on an average daily trading volume, of 95,235 shares, the days-to-cover ratio is presently 0.6 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Up 0.4%

Shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund stock opened at $6.61 on Thursday. The company has a 50 day moving average of $6.56 and a 200-day moving average of $6.36. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1-year low of $5.51 and a 1-year high of $6.74.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be paid a dividend of $0.1482 per share. The ex-dividend date is Friday, September 11th. This is a boost from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.14. This represents a $0.59 annualized dividend and a yield of 9.0%.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $35,000. OpenArc Corporate Advisory LLC bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth $63,000. Captrust Financial Advisors increased its holdings 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 buying an additional 2,275 shares in the last quarter. Kovack Advisors Inc. lifted its stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 28.3% in the 4th quarter. Kovack Advisors Inc. now owns 13,958 shares of the closed-end fund’s stock valued at $81,000 after acquiring an additional 3,080 shares during the last quarter. Finally, Vise Technologies Inc. bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 3rd quarter valued at $81,000.

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.