Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Short Interest Down 57.6% in December

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1,972 shares, a decrease of 57.6% from the December 15th total of 4,651 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,705 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 1,705 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.0% of the shares of the company are sold short.

Allspring Broad Market Core Bond ETF Stock Performance

Shares of AFIX stock traded down $0.04 during midday trading on Thursday, hitting $25.19. 277 shares of the company were exchanged, compared to its average volume of 3,718. The firm’s 50 day moving average price is $25.23 and its two-hundred day moving average price is $25.18. Allspring Broad Market Core Bond ETF has a 52 week low of $24.33 and a 52 week high of $25.59.

Institutional Investors Weigh In On Allspring Broad Market Core Bond ETF

A number of institutional investors have recently made changes to their positions in AFIX. Jane Street Group LLC bought a new position in shares of Allspring Broad Market Core Bond ETF during the first quarter worth approximately $1,053,000. Stiles Financial Services Inc acquired a new position in Allspring Broad Market Core Bond ETF in the 3rd quarter valued at $1,130,000. Citadel Advisors LLC acquired a new position in Allspring Broad Market Core Bond ETF in the 3rd quarter valued at $6,115,000. Finally, Allspring Global Investments Holdings LLC increased its position in Allspring Broad Market Core Bond ETF by 9.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 6,822,786 shares of the company’s stock worth $170,497,000 after buying an additional 568,949 shares during the period.

About Allspring Broad Market Core Bond ETF

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.