Short Interest in Allspring Special Large Value ETF (NYSEARCA:ASLV) Rises By 77.2%

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 2,459 shares, a growth of 77.2% from the April 15th total of 1,388 shares. Based on an average trading volume of 49,581 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Unique Wealth LLC bought a new position in Allspring Special Large Value ETF in the fourth quarter worth $423,000. Transcend Capital Advisors LLC lifted its position in 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 worth $558,000 after purchasing an additional 7,309 shares during the period. Finally, KLCM Advisors Inc. bought a new position in Allspring Special Large Value ETF in the fourth quarter worth $5,592,000.

Allspring Special Large Value ETF Trading Down 0.9%

ASLV opened at $28.92 on Wednesday. The stock has a market capitalization of $217.48 million, a price-to-earnings ratio of 18.50 and a beta of 0.69. Allspring Special Large Value ETF has a 1-year low of $24.79 and a 1-year high of $30.01. The business has a 50 day moving average of $28.64 and a 200-day moving average of $28.55.

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.