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) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 162,300 shares, a growth of 353.4% from the March 31st total of 35,800 shares. Based on an average trading volume of 142,600 shares, the short-interest ratio is presently 1.1 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 traded up $0.02 during trading on Friday, reaching $4.56. 70,216 shares of the company traded hands, compared to its average volume of 133,311. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1-year low of $3.73 and a 1-year high of $4.90. The company 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 Increases Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of EOD. Kercheville Advisors LLC acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth $44,000. Blue Bell Private Wealth Management LLC raised its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 1,263.1% during the first quarter. Blue Bell Private Wealth Management LLC now owns 13,645 shares of the closed-end fund’s stock worth $65,000 after buying an additional 12,644 shares during the last quarter. Armor Investment Advisors LLC acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the third quarter worth $69,000. Matisse Capital acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth $90,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth $99,000.

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.