Short Interest in Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Declines By 57.6%

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,972 shares, a drop of 57.6% from the December 15th total of 4,651 shares. Based on an average daily volume of 1,705 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,705 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AFIX. Allspring Global Investments Holdings LLC grew its position in shares of Allspring Broad Market Core Bond ETF by 9.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 6,822,786 shares of the company’s stock worth $170,497,000 after buying an additional 568,949 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Allspring Broad Market Core Bond ETF during the third quarter valued at approximately $6,115,000. Stiles Financial Services Inc purchased a new stake in Allspring Broad Market Core Bond ETF in the third quarter worth $1,130,000. Finally, Jane Street Group LLC bought a new stake in Allspring Broad Market Core Bond ETF in the first quarter valued at $1,053,000.

Allspring Broad Market Core Bond ETF Price Performance

Allspring Broad Market Core Bond ETF stock traded up $0.06 during trading hours on Wednesday, reaching $25.23. The stock had a trading volume of 57 shares, compared to its average volume of 4,095. Allspring Broad Market Core Bond ETF has a 52 week low of $24.33 and a 52 week high of $25.59. The company has a fifty day simple moving average of $25.23 and a 200-day simple moving average of $25.18.

About Allspring Broad Market Core Bond ETF

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.