Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Short Interest Down 75.0% in June

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 14,298 shares, a decrease of 75.0% from the May 31st total of 57,085 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,611 shares, the days-to-cover ratio is currently 3.1 days.

Allspring Broad Market Core Bond ETF Price Performance

Allspring Broad Market Core Bond ETF stock traded up $0.03 during trading on Friday, reaching $24.88. The company had a trading volume of 5,406 shares, compared to its average volume of 29,107. The firm’s 50-day simple moving average is $24.82 and its 200 day simple moving average is $25.03. Allspring Broad Market Core Bond ETF has a 1-year low of $24.51 and a 1-year high of $25.59.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Jane Street Group LLC boosted its holdings in Allspring Broad Market Core Bond ETF by 4.4% in the 4th quarter. Jane Street Group LLC now owns 36,232 shares of the company’s stock worth $909,000 after buying an additional 1,529 shares during the last quarter. Citadel Advisors LLC purchased a new position in shares of Allspring Broad Market Core Bond ETF in the third quarter valued at approximately $6,115,000. Finally, Stiles Financial Services Inc lifted its position in shares of Allspring Broad Market Core Bond ETF by 32.6% in the first quarter. Stiles Financial Services Inc now owns 50,130 shares of the company’s stock valued at $1,249,000 after acquiring an additional 12,338 shares in the last quarter.

Allspring Broad Market Core Bond ETF Company Profile

The Allspring Broad Market Core Bond ETF (AFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US and USD-denominated fixed income securities with broad credit and maturity. It seeks total return and primarily holds investment grade securities. AFIX was launched on Dec 4, 2024 and is issued by Allspring.