Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Sees Large Growth in Short Interest

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 17,964 shares, a growth of 2,347.4% from the January 29th total of 734 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 32,976 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 32,976 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the company’s shares are sold short.

Allspring Broad Market Core Bond ETF Stock Down 0.1%

AFIX traded down $0.02 on Wednesday, hitting $25.38. The company had a trading volume of 3,013 shares, compared to its average volume of 19,663. The company’s fifty day moving average price is $25.19 and its 200 day moving average price is $25.25. Allspring Broad Market Core Bond ETF has a 1 year low of $24.33 and a 1 year high of $25.59.

Hedge Funds Weigh In On Allspring Broad Market Core Bond ETF

Several large investors have recently made changes to their positions in AFIX. Jane Street Group LLC boosted its position in shares of Allspring Broad Market Core Bond ETF by 4.4% during 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 during the period. Citadel Advisors LLC purchased a new position in shares of Allspring Broad Market Core Bond ETF during the third quarter worth $6,115,000. Finally, Stiles Financial Services Inc purchased a new stake in shares of Allspring Broad Market Core Bond ETF in the 3rd quarter valued at $1,130,000.

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.