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

by · The Markets Daily

Allspring Income Plus ETF (NYSEARCA:AINP – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 5,092 shares, a decrease of 99.6% from the September 30th total of 1,307,690 shares. Based on an average daily trading volume, of 5,246 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

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

Allspring Income Plus ETF Price Performance

Shares of Allspring Income Plus ETF stock traded up $0.02 during trading on Monday, hitting $24.20. 4,261 shares of the company were exchanged, compared to its average volume of 10,149. Allspring Income Plus ETF has a 1-year low of $23.95 and a 1-year high of $25.59. The firm’s fifty day moving average price is $24.42 and its 200 day moving average price is $24.90.

Allspring Income Plus ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 27th. Investors of record on Friday, October 23rd will be given a $0.0735 dividend. The ex-dividend date is Friday, October 23rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.6%. This is a negative change from Allspring Income Plus ETF’s previous monthly dividend of $0.0997.

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.

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