Allspring Income Plus ETF (NYSEARCA:AINP) Sees Large Drop in Short Interest

Allspring Income Plus ETF (NYSEARCA:AINP) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 13,399 shares, a decrease of 52.2% from the August 31st total of 28,054 shares. Based on an average trading volume of 4,731 shares, the short-interest ratio is currently 2.8 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC boosted its position in Allspring Income Plus ETF by 4.3% during the second quarter. Integrated Wealth Concepts LLC now owns 198,313 shares of the company’s stock valued at $4,966,000 after purchasing an additional 8,100 shares in the last quarter. Citadel Advisors LLC bought a new position in Allspring Income Plus ETF in the second quarter worth about $1,158,000. Finally, Kestra Advisory Services LLC lifted its position in shares of Allspring Income Plus ETF by 63.5% during the first quarter. Kestra Advisory Services LLC now owns 21,189 shares of the company’s stock valued at $527,000 after buying an additional 8,232 shares during the last quarter.

Allspring Income Plus ETF Trading Down 0.1%

Shares of NYSEARCA:AINP traded down $0.02 during trading hours on Wednesday, hitting $24.02. The company’s stock had a trading volume of 87,300 shares, compared to its average volume of 10,326. The firm’s fifty day moving average price is $24.66 and its 200 day moving average price is $24.87. Allspring Income Plus ETF has a 52 week low of $23.99 and a 52 week high of $25.60.

Allspring Income Plus ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, September 28th. Shareholders of record on Thursday, September 24th were given a dividend of $0.0997 per share. This is a drop from Allspring Income Plus ETF’s previous monthly dividend of $0.1060. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $1.20 annualized dividend and a yield of 5.0%.

Allspring Income Plus ETF Company Profile

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.