Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Stock Short Interest Report for September

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 21,616 shares, a decrease of 42.2% from the September 15th total of 37,367 shares. Based on an average daily trading volume, of 114,265 shares, the short-interest ratio is currently 0.2 days.

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

Shares of EOD stock traded up $0.07 during trading hours on Thursday, hitting $6.33. The stock had a trading volume of 51,589 shares, compared to its average volume of 112,272. The stock’s 50 day moving average is $6.53 and its 200 day moving average is $6.45. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a twelve month low of $5.51 and a twelve month high of $6.74.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 11th were issued a dividend of $0.1482 per share. This is a boost 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 dividend yield of 9.4%. The ex-dividend date of this dividend was Friday, September 11th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised 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 purchasing an additional 33,725 shares during the last quarter. Paller Financial Services Inc grew its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 5.2% in the 3rd quarter. Paller Financial Services Inc now owns 453,794 shares of the closed-end fund’s stock valued at $2,904,000 after buying an additional 22,241 shares during the period. Shaker Financial Services LLC raised its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 582.0% during the third quarter. Shaker Financial Services LLC now owns 255,731 shares of the closed-end fund’s stock worth $1,675,000 after purchasing an additional 218,236 shares during the period. Cetera Investment Advisers boosted 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 last quarter. Finally, PNC Financial Services Group Inc. increased its position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 25,150 shares of the closed-end fund’s stock worth $147,000 after purchasing an additional 1,600 shares in the last quarter.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

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 high current income and long-term total return by investing in a diversified portfolio of global dividend-paying securities.

The fund primarily invests in equity securities issued by companies located in the United States and other countries. Its portfolio may include common stocks, preferred stocks and other income-oriented securities, with an emphasis on companies that pay dividends or otherwise offer the potential for income and capital appreciation.