Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 57,085 shares, a growth of 305.1% from the May 14th total of 14,093 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 9,780 shares, the days-to-cover ratio is currently 5.8 days.
Allspring Broad Market Core Bond ETF Stock Up 0.6%
Shares of AFIX traded up $0.14 during trading hours on Thursday, reaching $24.84. 6,710 shares of the company traded hands, compared to its average volume of 30,473. Allspring Broad Market Core Bond ETF has a 12-month low of $24.51 and a 12-month high of $25.59. The stock’s fifty day moving average price is $24.85 and its 200 day moving average price is $25.07.
Institutional Trading of Allspring Broad Market Core Bond ETF
Several hedge funds have recently modified their holdings of AFIX. Jane Street Group LLC purchased a new stake in shares of Allspring Broad Market Core Bond ETF during the first quarter valued at about $1,053,000. Citadel Advisors LLC purchased a new stake in shares of Allspring Broad Market Core Bond ETF during the third quarter valued at about $6,115,000. Finally, Stiles Financial Services Inc lifted its position in shares of Allspring Broad Market Core Bond ETF by 32.6% during the first quarter. Stiles Financial Services Inc now owns 50,130 shares of the company’s stock valued at $1,249,000 after buying an additional 12,338 shares during the last quarter.
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.
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