Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Short Interest Down 25.5% in April

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 15,382 shares, a drop of 25.5% from the March 31st total of 20,645 shares. Based on an average daily volume of 1,371 shares, the short-interest ratio is currently 11.2 days. Currently, 0.2% of the shares of the stock are short sold.

Allspring Broad Market Core Bond ETF Stock Up 0.2%

Shares of NYSEARCA AFIX traded up $0.04 during mid-day trading on Friday, reaching $24.88. The company had a trading volume of 103,622 shares, compared to its average volume of 38,415. Allspring Broad Market Core Bond ETF has a one year low of $24.47 and a one year high of $25.59. The business’s 50-day simple moving average is $25.07 and its 200 day simple moving average is $25.20.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Stiles Financial Services Inc bought a new position in Allspring Broad Market Core Bond ETF in the third quarter valued at about $1,130,000. Jane Street Group LLC grew its position in Allspring Broad Market Core Bond ETF by 4.4% in the fourth quarter. Jane Street Group LLC now owns 36,232 shares of the company’s stock valued at $909,000 after acquiring an additional 1,529 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in Allspring Broad Market Core Bond ETF in the third quarter valued at about $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.