Allspring Income Plus ETF (NYSEARCA:AINP) Stock Short Interest Jumps 9,659.6%

Allspring Income Plus ETF (NYSEARCA:AINP) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,307,690 shares, a growth of 9,659.6% from the September 15th total of 13,399 shares. Based on an average daily trading volume, of 10,525 shares, the days-to-cover ratio is presently 124.2 days. Currently, 12.7% of the company’s stock are sold short.

Institutional Investors Weigh In On Allspring Income Plus ETF

Institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC boosted its stake in Allspring Income Plus ETF by 4.3% in the second quarter. Integrated Wealth Concepts LLC now owns 198,313 shares of the company’s stock valued at $4,966,000 after acquiring an additional 8,100 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Allspring Income Plus ETF during the 2nd quarter worth approximately $1,158,000. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Allspring Income Plus ETF by 63.5% in the 1st quarter. Kestra Advisory Services LLC now owns 21,189 shares of the company’s stock worth $527,000 after purchasing an additional 8,232 shares during the last quarter.

Allspring Income Plus ETF Price Performance

AINP stock traded up $0.01 during mid-day trading on Friday, hitting $24.15. 2,900 shares of the company were exchanged, compared to its average volume of 10,521. Allspring Income Plus ETF has a twelve month low of $23.95 and a twelve month high of $25.60. The firm has a fifty day simple moving average of $24.57 and a 200 day simple moving average of $24.83.

Allspring Income Plus ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 24th were given a $0.0997 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Thursday, September 24th. This is a decrease from Allspring Income Plus ETF’s previous monthly dividend of $0.1060.

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.