Short Interest in Allspring Core Plus ETF (NYSEARCA:APLU) Increases By 638.1%

Allspring Core Plus ETF (NYSEARCA:APLU) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 46,961 shares, an increase of 638.1% from the August 15th total of 6,362 shares. Based on an average trading volume of 40,081 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the company’s shares are sold short.

Allspring Core Plus ETF Stock Down 0.8%

APLU stock opened at $23.92 on Friday. The company has a 50 day moving average price of $24.30 and a two-hundred day moving average price of $24.59. Allspring Core Plus ETF has a one year low of $23.92 and a one year high of $25.63.

Allspring Core Plus ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 27th. Stockholders of record on Tuesday, August 25th were given a $0.0894 dividend. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Hedge Funds Weigh In On Allspring Core Plus ETF

Several large investors have recently added to or reduced their stakes in the business. Axxcess Wealth Management LLC acquired a new position in shares of Allspring Core Plus ETF during the 4th quarter valued at about $9,535,000. Parkside Financial Bank & Trust boosted its position in shares of Allspring Core Plus ETF by 250.3% in the second quarter. Parkside Financial Bank & Trust now owns 79,212 shares of the company’s stock worth $1,949,000 after acquiring an additional 56,597 shares during the last quarter. Brady Martz Wealth Solutions LLC boosted its position in shares of Allspring Core Plus ETF by 71.0% in the first quarter. Brady Martz Wealth Solutions LLC now owns 49,834 shares of the company’s stock worth $1,230,000 after acquiring an additional 20,690 shares during the last quarter. Citadel Advisors LLC purchased a new stake in Allspring Core Plus ETF in the second quarter valued at approximately $353,000. Finally, Crescent Grove Advisors LLC purchased a new stake in Allspring Core Plus ETF in the first quarter valued at approximately $355,000.

About Allspring Core Plus ETF

The Allspring Core Plus ETF (APLU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of global fixed income securities with broad credit and maturity. It seeks total return. APLU was launched on Dec 4, 2024 and is issued by Allspring.