Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Sees Significant Increase in Short Interest

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 20,645 shares, a growth of 22.5% from the March 15th total of 16,848 shares. Based on an average trading volume of 3,955 shares, the days-to-cover ratio is presently 5.2 days. Currently, 0.3% of the company’s stock are short sold.

Allspring Broad Market Core Bond ETF Trading Down 0.1%

Shares of NYSEARCA:AFIX opened at $25.06 on Thursday. The company’s fifty day moving average price is $25.14 and its 200 day moving average price is $25.22. Allspring Broad Market Core Bond ETF has a 12 month low of $24.47 and a 12 month high of $25.59.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Jane Street Group LLC increased its stake in Allspring Broad Market Core Bond ETF by 4.4% in the fourth quarter. Jane Street Group LLC now owns 36,232 shares of the company’s stock valued at $909,000 after purchasing an additional 1,529 shares during the period. Stiles Financial Services Inc acquired a new position in Allspring Broad Market Core Bond ETF in the third quarter valued at $1,130,000. Finally, Citadel Advisors LLC acquired a new position in Allspring Broad Market Core Bond ETF in the third quarter valued at $6,115,000.

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.