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

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 1,388 shares, an increase of 62.5% from the March 31st total of 854 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 7,522 shares, the days-to-cover ratio is currently 0.2 days.

Allspring Special Large Value ETF Stock Performance

Shares of NYSEARCA:ASLV traded down $0.05 during midday trading on Monday, reaching $29.34. 990 shares of the company’s stock were exchanged, compared to its average volume of 24,397. The company’s 50 day simple moving average is $28.63 and its two-hundred day simple moving average is $28.36. The firm has a market capitalization of $235.89 million, a PE ratio of 18.50 and a beta of 0.96. Allspring Special Large Value ETF has a 12 month low of $23.97 and a 12 month high of $30.01.

Hedge Funds Weigh In On Allspring Special Large Value ETF

Several institutional investors have recently added to or reduced their stakes in ASLV. Unique Wealth LLC grew its position in shares of Allspring Special Large Value ETF by 29.8% during the 1st quarter. Unique Wealth LLC now owns 19,576 shares of the company’s stock worth $544,000 after buying an additional 4,492 shares during the period. Transcend Capital Advisors LLC grew its holdings in 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 valued at $558,000 after purchasing an additional 7,309 shares during the period. KLCM Advisors Inc. acquired a new position in Allspring Special Large Value ETF during the fourth quarter valued at approximately $5,592,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of 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 buying an additional 1,956,470 shares during the period.

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.