Allspring Income Plus ETF (NYSEARCA:AINP) Short Interest Update

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

Allspring Income Plus ETF Trading Up 0.1%

Shares of NYSEARCA AINP traded up $0.02 during trading hours on Thursday, hitting $24.05. 623 shares of the stock were exchanged, compared to its average volume of 10,624. Allspring Income Plus ETF has a 12 month low of $23.95 and a 12 month high of $25.60. The firm has a fifty day moving average price of $24.65 and a 200-day moving average price of $24.87.

Allspring Income Plus ETF Cuts Dividend

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

Hedge Funds Weigh In On Allspring Income Plus ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AINP. Kestra Advisory Services LLC grew its holdings in shares of Allspring Income Plus ETF by 63.5% in the first quarter. Kestra Advisory Services LLC now owns 21,189 shares of the company’s stock valued at $527,000 after purchasing an additional 8,232 shares during the period. Citadel Advisors LLC purchased a new stake in shares of Allspring Income Plus ETF in the 2nd quarter valued at approximately $1,158,000. Finally, Integrated Wealth Concepts LLC boosted its position in shares of 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 worth $4,966,000 after buying an additional 8,100 shares during the period.

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.