Allspring Income Plus ETF (NYSEARCA:AINP) Short Interest Update

Allspring Income Plus ETF (NYSEARCA:AINP) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 23,981 shares, a growth of 89.0% from the May 14th total of 12,689 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is currently 3.0 days.

Institutional Trading of Allspring Income Plus ETF

A number of hedge funds have recently modified their holdings of AINP. Kestra Advisory Services LLC raised its position in Allspring Income Plus ETF by 63.5% in 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 last quarter. Journey Strategic Wealth LLC increased its holdings in 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 acquiring an additional 10,812 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Allspring Income Plus ETF in the 2nd quarter worth approximately $732,000. Finally, Jane Street Group LLC purchased a new stake in Allspring Income Plus ETF in the 1st quarter worth approximately $2,011,000.

Allspring Income Plus ETF Trading Up 0.1%

Shares of AINP stock traded up $0.03 during trading hours on Tuesday, hitting $25.15. 1,962 shares of the company’s stock were exchanged, compared to its average volume of 13,281. Allspring Income Plus ETF has a 12-month low of $24.60 and a 12-month high of $25.60. The business’s 50 day simple moving average is $25.02 and its 200-day simple moving average is $25.16.

About Allspring Income Plus ETF

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.