Short Interest in Allspring Core Plus ETF (NYSEARCA:APLU) Increases By 638.1%

Allspring Core Plus ETF (NYSEARCA:APLU) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 46,961 shares, a growth of 638.1% from the August 15th total of 6,362 shares. Based on an average daily trading volume, of 40,081 shares, the short-interest ratio is presently 1.2 days. Approximately 0.3% of the company’s shares are short sold.

Allspring Core Plus ETF Stock Down 0.8%

Shares of APLU opened at $23.92 on Friday. The stock’s fifty day simple moving average is $24.30 and its 200 day simple moving average is $24.59. Allspring Core Plus ETF has a twelve month low of $23.92 and a twelve month high of $25.63.

Allspring Core Plus ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 27th. Shareholders of record on Tuesday, August 25th were given a dividend of $0.0894 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, August 25th.

Hedge Funds Weigh In On Allspring Core Plus ETF

Large investors have recently modified their holdings of the company. Steward Partners Investment Advisory LLC acquired a new position in shares of Allspring Core Plus ETF in the 4th quarter valued at about $45,386,000. Axxcess Wealth Management LLC purchased a new position in Allspring Core Plus ETF in the fourth quarter valued at approximately $9,535,000. Stifel Financial Corp lifted its position in Allspring Core Plus ETF by 9.6% during the fourth quarter. Stifel Financial Corp now owns 212,619 shares of the company’s stock valued at $5,309,000 after buying an additional 18,664 shares in the last quarter. Cerity Partners LLC acquired a new position in Allspring Core Plus ETF during the fourth quarter valued at approximately $3,644,000. Finally, Raymond James Financial Inc. purchased a new stake in Allspring Core Plus ETF during the third quarter worth approximately $3,003,000.

About Allspring Core Plus ETF

The Allspring Core Plus ETF (APLU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of global fixed income securities with broad credit and maturity. It seeks total return. APLU was launched on Dec 4, 2024 and is issued by Allspring.