Short Interest in Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Rises By 305.1%

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 57,085 shares, a growth of 305.1% from the May 14th total of 14,093 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 9,780 shares, the short-interest ratio is currently 5.8 days.

Allspring Broad Market Core Bond ETF Price Performance

Allspring Broad Market Core Bond ETF stock opened at $24.82 on Friday. The firm has a fifty day simple moving average of $24.85 and a two-hundred day simple moving average of $25.07. Allspring Broad Market Core Bond ETF has a twelve month low of $24.51 and a twelve month high of $25.59.

Institutional Trading of Allspring Broad Market Core Bond ETF

Several hedge funds have recently added to or reduced their stakes in AFIX. Citadel Advisors LLC bought a new stake in Allspring Broad Market Core Bond ETF in the third quarter worth $6,115,000. Jane Street Group LLC bought a new stake in Allspring Broad Market Core Bond ETF in the first quarter worth $1,053,000. Finally, Stiles Financial Services Inc lifted its stake in Allspring Broad Market Core Bond ETF by 32.6% in the first quarter. Stiles Financial Services Inc now owns 50,130 shares of the company’s stock worth $1,249,000 after purchasing an additional 12,338 shares during the last quarter.

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.