Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 4,800 shares, an increase of 300.0% from the September 30th total of 1,200 shares. Based on an average daily trading volume, of 24,800 shares, the short-interest ratio is currently 0.2 days.
Allspring Utilities and High Income Fund Price Performance
Shares of NYSEAMERICAN:ERH traded down $0.04 during trading on Friday, reaching $11.11. The stock had a trading volume of 23,872 shares, compared to its average volume of 26,653. Allspring Utilities and High Income Fund has a fifty-two week low of $8.14 and a fifty-two week high of $11.36.
Allspring Utilities and High Income Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be given a $0.0626 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date is Tuesday, October 15th.
Hedge Funds Weigh In On Allspring Utilities and High Income Fund
Allspring Utilities and High Income Fund Company Profile
Allspring Utilities and High Income Fund is a closed-ended balanced 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 and fixed income markets of the United States.
See Also
- Five stocks we like better than Allspring Utilities and High Income Fund
- Dividend Payout Ratio Calculator
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- How Technical Indicators Can Help You Find Oversold Stocks
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Retail Stocks Investing, Explained
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for Allspring Utilities and High Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allspring Utilities and High Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.