Short Interest in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Rises By 833.3%

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 33,600 shares, an increase of 833.3% from the January 31st total of 3,600 shares. Based on an average daily trading volume, of 144,400 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Saba Capital Management L.P. increased its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 0.8% during the 4th quarter. Saba Capital Management L.P. now owns 1,886,968 shares of the closed-end fund’s stock worth $9,378,000 after purchasing an additional 15,415 shares during the period. Cetera Investment Advisers increased its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 17.9% in the 4th quarter. Cetera Investment Advisers now owns 44,319 shares of the closed-end fund’s stock valued at $220,000 after acquiring an additional 6,742 shares during the period. Capstone Investment Advisors LLC purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 4th quarter valued at $2,308,000. Cary Street Partners Financial LLC purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 4th quarter valued at $50,000. Finally, Bank of America Corp DE increased its holdings in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% in the 4th quarter. Bank of America Corp DE now owns 854,475 shares of the closed-end fund’s stock valued at $4,247,000 after acquiring an additional 54,639 shares during the period.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Trading Down 0.1 %

EOD traded down $0.01 during trading on Friday, hitting $5.15. 35,284 shares of the stock were exchanged, compared to its average volume of 176,226. The firm has a 50 day simple moving average of $5.00 and a 200 day simple moving average of $4.95. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 1 year low of $4.39 and a 1 year high of $5.29.

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

The company also recently disclosed a — dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.1243 per share. The ex-dividend date is Thursday, March 13th. This represents a yield of 9.1%.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

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.