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 increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,610 shares, an increase of 770.3% from the July 15th total of 185 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,570 shares, the short-interest ratio is currently 0.6 days.

Allspring Special Large Value ETF Stock Performance

Shares of NYSEARCA:ASLV traded up $0.04 during midday trading on Tuesday, reaching $31.42. The company’s stock had a trading volume of 7,299 shares, compared to its average volume of 14,649. Allspring Special Large Value ETF has a fifty-two week low of $26.60 and a fifty-two week high of $31.52. The firm has a 50 day moving average price of $30.15 and a two-hundred day moving average price of $29.40. The firm has a market capitalization of $222.45 million, a price-to-earnings ratio of 18.50 and a beta of 0.57.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Unique Wealth LLC grew its holdings in shares of Allspring Special Large Value ETF by 29.8% during the first quarter. Unique Wealth LLC now owns 19,576 shares of the company’s stock valued at $544,000 after buying an additional 4,492 shares during the last quarter. Transcend Capital Advisors LLC boosted its holdings in Allspring Special Large Value ETF by 58.0% during the 4th quarter. Transcend Capital Advisors LLC now owns 19,909 shares of the company’s stock worth $558,000 after acquiring an additional 7,309 shares during the last quarter. Finally, KLCM Advisors Inc. bought a new stake in shares of Allspring Special Large Value ETF in the 4th quarter worth $5,592,000.

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.