Allspring Income Plus ETF (NYSEARCA:AINP – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 23,981 shares, an increase of 89.0% from the May 14th total of 12,689 shares. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.3% of the company’s stock are sold short.
Allspring Income Plus ETF Stock Down 0.0%
AINP stock traded down $0.01 on Friday, hitting $25.07. 2,113 shares of the company’s stock were exchanged, compared to its average volume of 13,497. Allspring Income Plus ETF has a 12-month low of $24.60 and a 12-month high of $25.60. The firm has a 50 day moving average price of $25.01 and a two-hundred day moving average price of $25.16.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC grew its stake in Allspring Income Plus ETF by 63.5% during the 1st quarter. Kestra Advisory Services LLC now owns 21,189 shares of the company’s stock worth $527,000 after buying an additional 8,232 shares during the last quarter. Journey Strategic Wealth LLC grew its stake in Allspring Income Plus ETF by 2.6% during the 3rd quarter. Journey Strategic Wealth LLC now owns 429,256 shares of the company’s stock worth $10,897,000 after buying an additional 10,812 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in Allspring Income Plus ETF during the 2nd quarter worth $732,000. Finally, Jane Street Group LLC purchased a new position in Allspring Income Plus ETF during the 1st quarter worth $2,011,000.
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.
Read More
- Five stocks we like better than Allspring Income Plus ETF
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for Allspring Income Plus ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allspring Income Plus ETF and related companies with MarketBeat.com's FREE daily email newsletter.
