Short Interest in Allspring Special Large Value ETF (NYSEARCA:ASLV) Declines By 81.1%

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 545 shares, a drop of 81.1% from the January 29th total of 2,882 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 37,513 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 37,513 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Allspring Special Large Value ETF Price Performance

Shares of ASLV stock traded up $0.12 on Friday, reaching $29.83. 2,980 shares of the stock were exchanged, compared to its average volume of 32,041. Allspring Special Large Value ETF has a one year low of $21.86 and a one year high of $30.01. The stock has a market cap of $256.84 million, a PE ratio of 18.50 and a beta of 0.93. The stock has a 50 day moving average price of $29.03 and a 200 day moving average price of $28.05.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ASLV. Transcend Capital Advisors LLC bought a new position in shares of Allspring Special Large Value ETF in the 2nd quarter valued at about $331,000. Unique Wealth LLC acquired a new position in Allspring Special Large Value ETF in the fourth quarter valued at approximately $423,000. KLCM Advisors Inc. acquired a new position in Allspring Special Large Value ETF in the fourth quarter valued at approximately $5,592,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in Allspring Special Large Value ETF by 27.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 9,178,628 shares of the company’s stock valued at $252,868,000 after acquiring an additional 1,956,470 shares during the last quarter.

About Allspring Special Large Value ETF

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.