Short Interest in Allspring Special Large Value ETF (NYSEARCA:ASLV) Declines By 64.8%

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 491 shares, a decrease of 64.8% from the May 14th total of 1,394 shares. Based on an average daily trading volume, of 4,577 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of Allspring Special Large Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. KLCM Advisors Inc. lifted its holdings in shares of Allspring Special Large Value ETF by 1.7% in the first quarter. KLCM Advisors Inc. now owns 202,993 shares of the company’s stock valued at $5,646,000 after purchasing an additional 3,419 shares in the last quarter. Unique Wealth LLC lifted its holdings in shares of Allspring Special Large Value ETF by 29.8% in the first quarter. Unique Wealth LLC now owns 19,576 shares of the company’s stock valued at $544,000 after purchasing an additional 4,492 shares in the last quarter. Finally, Transcend Capital Advisors LLC lifted its holdings in shares of Allspring Special Large Value ETF by 58.0% in 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 in the last quarter.

Allspring Special Large Value ETF Price Performance

Shares of NYSEARCA ASLV traded up $0.13 on Friday, hitting $29.52. The company’s stock had a trading volume of 336 shares, compared to its average volume of 18,216. Allspring Special Large Value ETF has a 12-month low of $25.62 and a 12-month high of $30.01. The company has a market capitalization of $221.99 million, a price-to-earnings ratio of 18.50 and a beta of 0.63. The stock has a 50 day moving average of $29.21 and a 200-day moving average of $28.82.

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.