Short Interest in Allspring Special Large Value ETF (NYSEARCA:ASLV) Grows By 1,002.6%

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 6,009 shares, an increase of 1,002.6% from the February 12th total of 545 shares. Based on an average daily volume of 36,138 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 36,138 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Allspring Special Large Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Transcend Capital Advisors LLC lifted its holdings in shares of Allspring Special Large Value ETF by 58.0% during the fourth quarter. Transcend Capital Advisors LLC now owns 19,909 shares of the company’s stock worth $558,000 after purchasing an additional 7,309 shares during the period. Unique Wealth LLC purchased a new stake in shares of Allspring Special Large Value ETF during the fourth quarter worth about $423,000. KLCM Advisors Inc. purchased a new position in shares of 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% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 9,178,628 shares of the company’s stock worth $252,868,000 after purchasing an additional 1,956,470 shares during the last quarter.

Allspring Special Large Value ETF Stock Down 0.2%

Shares of NYSEARCA ASLV traded down $0.07 during midday trading on Tuesday, reaching $28.41. 13,252 shares of the company’s stock traded hands, compared to its average volume of 28,112. The stock’s 50 day simple moving average is $29.12 and its 200-day simple moving average is $28.16. Allspring Special Large Value ETF has a one year low of $21.86 and a one year high of $30.01. The company has a market cap of $244.61 million, a price-to-earnings ratio of 18.50 and a beta of 0.93.

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.