Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD) Short Interest Ratio & Short Volume

Short interest is the volume of Wells Fargo Advantage Funds - Allspring Income Opportunities Fund shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 33,600 shares of EAD short. Learn More on Wells Fargo Advantage Funds - Allspring Income Opportunities Fund's current short interest.

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund saw a decrease in short interest in April. As of April 15th, there was short interest totaling 33,600 shares, a decrease of 19.4% from the previous total of 41,700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling EAD is an investing strategy that aims to generate trading profit from Wells Fargo Advantage Funds - Allspring Income Opportunities Fund as its price is falling. EAD shares are trading up $0.07 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Wells Fargo Advantage Funds - Allspring Income Opportunities Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of EAD, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including EAD, twice per month. The most recent reporting period available is April, 15 2024.