Allspring Income Plus ETF (NYSEARCA:AINP) Shares Shorted: Short Interest Up 9,659.6% in September

Allspring Income Plus ETF (NYSEARCA:AINP) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,307,690 shares, a growth of 9,659.6% from the September 15th total of 13,399 shares. Approximately 12.7% of the shares of the stock are short sold. Based on an average trading volume of 10,525 shares, the short-interest ratio is currently 124.2 days.

Hedge Funds Weigh In On Allspring Income Plus ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC grew its holdings in shares of Allspring Income Plus ETF by 4.3% in the second quarter. Integrated Wealth Concepts LLC now owns 198,313 shares of the company’s stock worth $4,966,000 after purchasing an additional 8,100 shares during the last quarter. Citadel Advisors LLC bought a new stake in Allspring Income Plus ETF in the 2nd quarter worth $1,158,000. Finally, Kestra Advisory Services LLC increased its position in shares of Allspring Income Plus ETF by 63.5% in the first quarter. Kestra Advisory Services LLC now owns 21,189 shares of the company’s stock valued at $527,000 after acquiring an additional 8,232 shares during the period.

Allspring Income Plus ETF Stock Up 0.0%

Shares of Allspring Income Plus ETF stock opened at $24.15 on Friday. Allspring Income Plus ETF has a 52-week low of $23.95 and a 52-week high of $25.60. The company has a fifty day moving average of $24.56 and a 200-day moving average of $24.83.

Allspring Income Plus ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 24th were issued a $0.0997 dividend. This is a decrease from Allspring Income Plus ETF’s previous monthly dividend of $0.1060. This represents a $1.20 annualized dividend and a dividend yield of 5.0%. The ex-dividend date was Thursday, September 24th.

About Allspring Income Plus ETF

The Allspring Income Plus ETF (AINP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that selects investments from a broad universe of corporate or government fixed income securities of any credit quality or maturity from issuers worldwide. AINP was launched on Dec 4, 2024 and is issued by Allspring.