Allspring Income Plus ETF (NYSEARCA:AINP) Shares Shorted: Short Interest Down 52.2% in September

Allspring Income Plus ETF (NYSEARCA:AINP) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 13,399 shares, a decrease of 52.2% from the August 31st total of 28,054 shares. Based on an average daily volume of 4,731 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Allspring Income Plus ETF

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

Allspring Income Plus ETF Stock Performance

NYSEARCA AINP traded down $0.03 during trading hours on Tuesday, hitting $24.04. 5,942 shares of the company’s stock traded hands, compared to its average volume of 10,246. Allspring Income Plus ETF has a 52 week low of $24.00 and a 52 week high of $25.60. The business’s fifty day moving average price is $24.68 and its two-hundred day moving average price is $24.88.

Allspring Income Plus ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 24th were given a dividend of $0.0997 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Thursday, September 24th. This is a negative change from Allspring Income Plus ETF’s previous monthly dividend of $0.1060.

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.