Allspring Special Large Value ETF (NYSEARCA:ASLV) Sees Large Growth in Short Interest

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 4,733 shares, a growth of 70.3% from the November 30th total of 2,780 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,541 shares, the days-to-cover ratio is currently 3.1 days. Based on an average daily volume of 1,541 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Allspring Special Large Value ETF stock. Transcend Capital Advisors LLC purchased a new position in Allspring Special Large Value ETF (NYSEARCA:ASLV) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,600 shares of the company’s stock, valued at approximately $331,000. Transcend Capital Advisors LLC owned approximately 0.13% of Allspring Special Large Value ETF at the end of the most recent reporting period.

Allspring Special Large Value ETF Stock Performance

ASLV traded down $0.08 during midday trading on Monday, reaching $28.21. 726 shares of the company were exchanged, compared to its average volume of 54,988. The stock has a market capitalization of $271.94 million, a P/E ratio of 18.50 and a beta of 0.93. Allspring Special Large Value ETF has a one year low of $21.86 and a one year high of $28.60. The stock’s 50-day simple moving average is $27.77 and its 200 day simple moving average is $27.19.

Allspring Special Large Value ETF Company Profile

Allspring Exchange-Traded Funds Trust – Allspring Special Large Value ETF is an exchange traded fund launched and managed by Allspring Funds Management, LLC. It is co-managed by Allspring Global Investments, LLC. The fund invests in public equity markets. The fund invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. It employs fundamental analysis to create its portfolio.