Short Interest in Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Expands By 76.6%

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 25,247 shares, a growth of 76.6% from the June 15th total of 14,298 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,943 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Investors Weigh In On Allspring Broad Market Core Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Stiles Financial Services Inc increased its position in Allspring Broad Market Core Bond ETF by 32.6% during the 1st quarter. Stiles Financial Services Inc now owns 50,130 shares of the company’s stock worth $1,249,000 after purchasing an additional 12,338 shares in the last quarter. Jane Street Group LLC boosted its position in Allspring Broad Market Core Bond ETF by 4.4% in the fourth quarter. Jane Street Group LLC now owns 36,232 shares of the company’s stock valued at $909,000 after buying an additional 1,529 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of Allspring Broad Market Core Bond ETF during the third quarter worth $6,115,000.

Allspring Broad Market Core Bond ETF Trading Up 0.1%

Allspring Broad Market Core Bond ETF stock opened at $24.68 on Friday. Allspring Broad Market Core Bond ETF has a 12-month low of $24.51 and a 12-month high of $25.59. The business’s 50-day moving average price is $24.74 and its two-hundred day moving average price is $24.98.

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.