Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Short Interest Up 353.4% in April

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 162,300 shares, an increase of 353.4% from the March 31st total of 35,800 shares. Based on an average trading volume of 142,600 shares, the days-to-cover ratio is currently 1.1 days.

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

NYSE EOD traded up $0.02 on Friday, reaching $4.56. The company’s stock had a trading volume of 70,216 shares, compared to its average volume of 133,311. The business has a 50-day moving average price of $4.59 and a 200 day moving average price of $4.35. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 52 week low of $3.73 and a 52 week high of $4.90.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Tuesday, March 12th were paid a $0.108 dividend. The ex-dividend date was Monday, March 11th. This represents a $0.43 dividend on an annualized basis and a yield of 9.47%. This is a boost from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.11.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EOD. Shaker Financial Services LLC grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 56.4% during the fourth quarter. Shaker Financial Services LLC now owns 694,844 shares of the closed-end fund’s stock worth $3,087,000 after buying an additional 250,500 shares during the last quarter. Bensler LLC grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 8.5% during the third quarter. Bensler LLC now owns 1,532,016 shares of the closed-end fund’s stock worth $6,174,000 after buying an additional 119,975 shares during the last quarter. 1607 Capital Partners LLC bought a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $307,000. Principal Securities Inc. bought a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $286,000. Finally, Wolverine Asset Management LLC grew its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 27.0% during the fourth quarter. Wolverine Asset Management LLC now owns 273,284 shares of the closed-end fund’s stock worth $1,186,000 after buying an additional 58,184 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-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe.