Short Interest in Allspring Core Plus ETF (NYSEARCA:APLU) Rises By 3,239.9%

Allspring Core Plus ETF (NYSEARCA:APLU) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 184,229 shares, an increase of 3,239.9% from the May 14th total of 5,516 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 95,409 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Investors Weigh In On Allspring Core Plus ETF

A number of hedge funds and other institutional investors have recently modified their holdings of APLU. Steward Partners Investment Advisory LLC acquired a new stake in shares of Allspring Core Plus ETF in the 4th quarter valued at $45,386,000. Axxcess Wealth Management LLC acquired a new stake in shares of Allspring Core Plus ETF in the 4th quarter valued at $9,535,000. Cerity Partners LLC acquired a new stake in shares of Allspring Core Plus ETF in the 4th quarter valued at $3,644,000. Raymond James Financial Inc. acquired a new stake in shares of Allspring Core Plus ETF in the 3rd quarter valued at $3,003,000. Finally, Jane Street Group LLC acquired a new stake in shares of Allspring Core Plus ETF in the 1st quarter valued at $1,145,000.

Allspring Core Plus ETF Price Performance

Shares of APLU traded up $0.03 during midday trading on Tuesday, reaching $24.53. The stock had a trading volume of 23,517 shares, compared to its average volume of 70,353. Allspring Core Plus ETF has a 1-year low of $24.33 and a 1-year high of $25.63. The company’s fifty day simple moving average is $24.69 and its two-hundred day simple moving average is $24.92.

Allspring Core Plus ETF Company Profile

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.