Allspring LT Large Growth ETF (NYSEARCA:AGRW) Stock Short Interest Declines 38.6%

Allspring LT Large Growth ETF (NYSEARCA:AGRW) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 335 shares, a decline of 38.6% from the August 31st total of 546 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 476 shares, the days-to-cover ratio is presently 0.7 days.

Allspring LT Large Growth ETF Price Performance

Shares of AGRW stock traded up $0.50 on Friday, hitting $33.59. 322 shares of the company’s stock were exchanged, compared to its average volume of 5,234. Allspring LT Large Growth ETF has a 12 month low of $26.19 and a 12 month high of $33.72. The stock has a market cap of $117.90 million, a P/E ratio of 35.22 and a beta of 1.30. The company has a 50 day moving average of $32.51 and a 200 day moving average of $31.33.

Institutional Investors Weigh In On Allspring LT Large Growth ETF

An institutional investor recently bought a new position in Allspring LT Large Growth ETF stock. Integrated Wealth Concepts LLC purchased a new position in shares of Allspring LT Large Growth ETF (NYSEARCA:AGRW) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,300 shares of the company’s stock, valued at approximately $41,000.

About Allspring LT Large Growth ETF

Allspring Exchange-Traded Funds Trust – Allspring LT Large Growth ETF is an exchange traded fund launched and managed by Allspring Funds Management, LLC. The fund is co-managed by Allspring Global Investments, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. It employs fundamental analysis to create its portfolio.