Short Interest in Allspring Core Plus ETF (NYSEARCA:APLU) Rises By 3,239.9%

Allspring Core Plus ETF (NYSEARCA:APLU) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 184,229 shares, an increase of 3,239.9% from the May 14th total of 5,516 shares. Based on an average daily trading volume, of 95,409 shares, the short-interest ratio is currently 1.9 days. Approximately 1.1% of the company’s shares are short sold.

Allspring Core Plus ETF Stock Performance

Shares of Allspring Core Plus ETF stock traded up $0.03 during mid-day trading on Tuesday, hitting $24.53. The stock had a trading volume of 23,517 shares, compared to its average volume of 70,353. The firm has a 50-day moving average of $24.69 and a two-hundred day moving average of $24.92. Allspring Core Plus ETF has a 12-month low of $24.33 and a 12-month high of $25.63.

Hedge Funds Weigh In On Allspring Core Plus ETF

Hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC purchased a new position in shares of Allspring Core Plus ETF during the 3rd quarter worth approximately $54,000. Summit Financial LLC purchased a new position in shares of Allspring Core Plus ETF during the 4th quarter worth approximately $202,000. Crescent Grove Advisors LLC purchased a new position in shares of Allspring Core Plus ETF during the 1st quarter worth approximately $355,000. Accurate Wealth Management LLC boosted its position in shares of Allspring Core Plus ETF by 178.8% during the 4th quarter. Accurate Wealth Management LLC now owns 25,072 shares of the company’s stock worth $627,000 after purchasing an additional 16,079 shares during the period. Finally, Brady Martz Wealth Solutions LLC purchased a new position in shares of Allspring Core Plus ETF during the 4th quarter worth approximately $728,000.

About Allspring Core Plus ETF

The Allspring Core Plus ETF (APLU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of global fixed income securities with broad credit and maturity. It seeks total return. APLU was launched on Dec 4, 2024 and is issued by Allspring.