On Tuesday, shares of the Wells Fargo Advantage Utilities and High Income Fund (ERH) fell below their 200-day moving average of $11.69, trading as low as $11.66, marking a decrease of approximately 0.8% for the day.
Over the past year, ERH’s shares have fluctuated between a low of $9.98 and a high of $13.07, with the latest transaction occurring at $11.70. The decline below the moving average signals a notable shift in market trends for the fund.
