Allspring Income Plus ETF (NYSEARCA:AINP) Sees Significant Growth in Short Interest

Allspring Income Plus ETF (NYSEARCA:AINP) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 239,201 shares, a growth of 1,189.7% from the June 15th total of 18,547 shares. Currently, 2.7% of the company’s shares are sold short. Based on an average daily volume of 6,319 shares, the days-to-cover ratio is presently 37.9 days.

Allspring Income Plus ETF Stock Performance

NYSEARCA AINP traded down $0.02 during trading hours on Friday, hitting $24.92. 5,850 shares of the company’s stock were exchanged, compared to its average volume of 12,486. The business’s 50 day moving average is $25.00 and its 200-day moving average is $25.12. Allspring Income Plus ETF has a 12-month low of $24.60 and a 12-month high of $25.60.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in shares of Allspring Income Plus ETF in the first quarter worth approximately $2,011,000. JPMorgan Chase & Co. purchased a new stake in Allspring Income Plus ETF in the second quarter valued at approximately $732,000. Finally, Kestra Advisory Services LLC acquired a new position in Allspring Income Plus ETF during the fourth quarter worth approximately $327,000.

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.