Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 15,400 shares, a growth of 25.2% from the June 30th total of 12,300 shares. Based on an average daily trading volume, of 89,700 shares, the short-interest ratio is presently 0.2 days.
Allspring Multi-Sector Income Fund Stock Performance
Shares of Allspring Multi-Sector Income Fund stock traded down $0.01 during trading on Friday, hitting $9.04. The stock had a trading volume of 83,679 shares, compared to its average volume of 78,966. Allspring Multi-Sector Income Fund has a 12 month low of $8.51 and a 12 month high of $9.74.
Allspring Multi-Sector Income Fund Announces Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Monday, August 12th will be paid a $0.0659 dividend. The ex-dividend date of this dividend is Monday, August 12th.
Institutional Inflows and Outflows
About Allspring Multi-Sector Income Fund
Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds.
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