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) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 37,367 shares, a growth of 62.0% from the August 31st total of 23,067 shares. Based on an average trading volume of 108,441 shares, the short-interest ratio is currently 0.3 days.

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

NYSE:EOD traded up $0.03 during trading hours on Wednesday, hitting $6.40. The stock had a trading volume of 116,148 shares, compared to its average volume of 110,895. The company has a 50 day simple moving average of $6.55 and a two-hundred day simple moving average of $6.40. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a one year low of $5.51 and a one year high of $6.74.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be paid a dividend of $0.1482 per share. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.1421. This represents a $0.59 annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend is Friday, September 11th.

Institutional Trading of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

A number of large investors have recently modified their holdings of the business. Ameritas Advisory Services LLC raised its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 42.8% in the second quarter. Ameritas Advisory Services LLC now owns 18,570 shares of the closed-end fund’s stock valued at $121,000 after purchasing an additional 5,570 shares in the last quarter. Concorde Asset Management LLC purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter worth approximately $132,000. Harbour Wealth Management Group Inc. purchased a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 4th quarter worth approximately $117,000. PNC Financial Services Group Inc. increased its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 25,150 shares of the closed-end fund’s stock worth $147,000 after buying an additional 1,600 shares during the last quarter. Finally, Kane Investment Management Inc. increased its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 101.2% in the 4th quarter. Kane Investment Management Inc. now owns 34,099 shares of the closed-end fund’s stock worth $199,000 after buying an additional 17,149 shares during the last quarter.

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

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-end investment fund traded on the New York Stock Exchange under the symbol EOD. The fund seeks to provide investors with a high level of current income and long-term growth of capital by investing primarily in dividend-paying securities issued by companies around the world.

The fund’s portfolio may include common stocks and other equity-related investments across a range of industries, countries and regions.