Allspring Income Plus ETF (NYSEARCA:AINP) Sees Significant Decline in Short Interest

by · The Cerbat Gem

Allspring Income Plus ETF (NYSEARCA:AINP – Get Free Report) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 11,212 shares, a decline of 29.5% from the March 15th total of 15,913 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 3,126 shares, the days-to-cover ratio is currently 3.6 days.

Allspring Income Plus ETF Price Performance

Shares of Allspring Income Plus ETF stock opened at $25.16 on Thursday. The company’s fifty day moving average price is $25.12 and its two-hundred day moving average price is $25.28. Allspring Income Plus ETF has a 52-week low of $24.53 and a 52-week high of $25.60.

Institutional Investors Weigh In On Allspring Income Plus ETF

Large investors have recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new stake in shares of Allspring Income Plus ETF in the 4th quarter worth about $327,000. JPMorgan Chase & Co. bought a new stake in shares of Allspring Income Plus ETF in the 2nd quarter worth about $732,000. Jane Street Group LLC bought a new stake in shares of Allspring Income Plus ETF in the 1st quarter worth about $2,011,000. Finally, Journey Strategic Wealth LLC grew its holdings in shares of Allspring Income Plus ETF by 2.6% in the 3rd quarter. Journey Strategic Wealth LLC now owns 429,256 shares of the company’s stock worth $10,897,000 after purchasing an additional 10,812 shares during the last quarter.

About Allspring Income Plus ETF

(Get Free Report)

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.

See Also