Allspring Multi-Sec Income Stock Price, News & Analysis
Company Description
Allspring Multi-Sec Income (NYSE: ERC) is a publicly traded asset management company in the Financial Services sector. The company has a market capitalization of $254.4M, ranking #4,252 among all listed U.S. companies by market cap.
ERC stock has declined 2.9% over the past year. Shares last traded at $8.99.
This page provides a comprehensive overview of ERC stock, including real-time price data, latest news, SEC filings, insider trading activity, financial highlights, upcoming events, and short interest trends.
Stock Performance
Allspring Multi-Sec Income (ERC) stock last traded at $8.99, down 0.77% from the previous close. Over the past 12 months, the stock has lost 2.9%. At a market capitalization of $254.4M, ERC is classified as a micro-cap stock with approximately 28.1M shares outstanding.
Latest News
Allspring Multi-Sec Income has 10 recent news articles, with the latest published 6 days ago. Of the recent coverage, 4 articles coincided with positive price movement and 4 with negative movement. View all ERC news →
SEC Filings
Allspring Multi-Sec Income has filed 5 recent SEC filings, including 1 Form 3, 1 Form 4, 1 Form SCHEDULE 13G/A, 1 Form N-CEN. The most recent filing was submitted on March 4, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all ERC SEC filings →
Insider Radar
Insider buying activity at Allspring Multi-Sec Income over the past 90 days may reflect management confidence in the company's direction. Institutional investors and analysts often monitor insider purchases as a potential bullish indicator for the stock.
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Allspring Multi-Sec Income (ERC) currently stands at 55.1 thousand shares, up 44.5% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has decreased by 40.5%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Allspring Multi-Sec Income (ERC) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 1.7 days.
ERC Company Profile & Sector Positioning
Allspring Multi-Sec Income (ERC) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE.
Investors comparing ERC often look at related companies in the same sector, including Rivernorth Opportunities Fund Inc (RIV), Saba Capital Income & ops Fund II (SABA), Franklin Limited Duration Income Trust (FTF), LMP Capital & Income (SCD), and abrdn Emerging Markets ex-China Fund (AEF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate ERC's relative position within its industry.