Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Short Interest Up 76.6% in June

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 25,247 shares, a growth of 76.6% from the June 15th total of 14,298 shares. Based on an average daily volume of 14,943 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.3% of the shares of the company are short sold.

Allspring Broad Market Core Bond ETF Stock Up 0.1%

Shares of NYSEARCA AFIX opened at $24.68 on Friday. The stock has a fifty day moving average price of $24.74 and a 200 day moving average price of $24.98. Allspring Broad Market Core Bond ETF has a 1-year low of $24.51 and a 1-year high of $25.59.

Institutional Trading of Allspring Broad Market Core Bond ETF

Several hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC acquired a new position in shares of Allspring Broad Market Core Bond ETF during the third quarter worth about $6,115,000. Jane Street Group LLC acquired a new stake in Allspring Broad Market Core Bond ETF in the first quarter valued at about $1,053,000. Finally, Stiles Financial Services Inc lifted its position in Allspring Broad Market Core Bond ETF by 32.6% in the first quarter. Stiles Financial Services Inc now owns 50,130 shares of the company’s stock valued at $1,249,000 after purchasing an additional 12,338 shares during the period.

Allspring Broad Market Core Bond ETF Company Profile

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.