Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Sees Significant Increase in Short Interest

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 57,085 shares, a growth of 305.1% from the May 14th total of 14,093 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 9,780 shares, the short-interest ratio is presently 5.8 days.

Allspring Broad Market Core Bond ETF Trading Up 0.6%

AFIX traded up $0.14 during trading on Thursday, hitting $24.84. 6,710 shares of the stock traded hands, compared to its average volume of 30,473. The firm has a 50-day moving average of $24.85 and a 200 day moving average of $25.07. Allspring Broad Market Core Bond ETF has a 12-month low of $24.51 and a 12-month high of $25.59.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC raised 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 purchasing an additional 1,529 shares in the last quarter. Stiles Financial Services Inc raised its holdings in Allspring Broad Market Core Bond ETF by 32.6% in 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. Finally, Citadel Advisors LLC bought a new position in Allspring Broad Market Core Bond ETF in the 3rd quarter worth $6,115,000.

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.