Short Interest in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Expands By 297.0%

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 133,400 shares, a growth of 297.0% from the February 13th total of 33,600 shares. Based on an average trading volume of 147,700 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter worth $47,000. Cary Street Partners Financial LLC bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter worth $50,000. Kane Investment Management Inc. bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter worth $54,000. Catalina Capital Group LLC bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter worth $60,000. Finally, Raymond James Financial Inc. bought a new position in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 4th quarter worth $136,000.

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

Shares of NYSE EOD traded up $0.07 during trading on Friday, reaching $4.93. The stock had a trading volume of 40,264 shares, compared to its average volume of 163,191. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a one year low of $4.39 and a one year high of $5.29. The firm’s 50 day moving average price is $5.03 and its two-hundred day moving average price is $4.96.

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

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

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.