Allspring Income Plus ETF (NYSEARCA:AINP – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 23,981 shares, an increase of 89.0% from the May 14th total of 12,689 shares. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.3% of the company’s stock are sold short.
Allspring Income Plus ETF Stock Up 0.2%
AINP stock traded up $0.05 on Monday, hitting $25.12. 1,572 shares of the company’s stock were exchanged, compared to its average volume of 13,391. Allspring Income Plus ETF has a 12-month low of $24.60 and a 12-month high of $25.60. The firm has a 50 day moving average price of $25.02 and a two-hundred day moving average price of $25.16.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new position in Allspring Income Plus ETF during the 4th quarter worth $327,000. JPMorgan Chase & Co. purchased a new position in Allspring Income Plus ETF during the 2nd quarter worth $732,000. Jane Street Group LLC purchased a new position in Allspring Income Plus ETF during the 1st quarter worth $2,011,000. Finally, Journey Strategic Wealth LLC grew its stake in Allspring Income Plus ETF by 2.6% during the 3rd quarter. Journey Strategic Wealth LLC now owns 429,256 shares of the company’s stock worth $10,897,000 after buying an additional 10,812 shares during the last quarter.
Allspring Income Plus ETF Company Profile
The Allspring Income Plus ETF (AINP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that selects investments from a broad universe of corporate or government fixed income securities of any credit quality or maturity from issuers worldwide. AINP was launched on Dec 4, 2024 and is issued by Allspring.
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