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 recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 21,616 shares, a drop of 42.2% from the September 15th total of 37,367 shares. Based on an average trading volume of 114,265 shares, the short-interest ratio is presently 0.2 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of EOD. Bank of America Corp DE raised its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 4.7% in the 1st 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 period. Paller Financial Services Inc raised its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 5.2% during the 3rd quarter. Paller Financial Services Inc now owns 453,794 shares of the closed-end fund’s stock worth $2,904,000 after purchasing an additional 22,241 shares during the last quarter. Shaker Financial Services LLC boosted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 582.0% in the 3rd quarter. Shaker Financial Services LLC now owns 255,731 shares of the closed-end fund’s stock worth $1,675,000 after buying an additional 218,236 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 22.1% in the 1st quarter. Cetera Investment Advisers now owns 90,144 shares of the closed-end fund’s stock worth $526,000 after buying an additional 16,333 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% during the first quarter. PNC Financial Services Group Inc. now owns 25,150 shares of the closed-end fund’s stock valued at $147,000 after acquiring an additional 1,600 shares during the last quarter.

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

NYSE:EOD traded up $0.07 during midday trading on Thursday, hitting $6.33. 51,589 shares of the company traded hands, compared to its average volume of 112,272. The firm’s fifty 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 12-month low of $5.51 and a 12-month high of $6.74.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Friday, September 11th were 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 dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend was Friday, September 11th.

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.