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

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a large growth in short interest in 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. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 49,581 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Allspring Special Large Value ETF

Several hedge funds have recently modified their holdings of ASLV. Unique Wealth LLC bought a new position in shares of Allspring Special Large Value ETF in the 4th quarter valued at about $423,000. Transcend Capital Advisors LLC grew its holdings in shares of Allspring Special Large Value ETF by 58.0% in the 4th quarter. Transcend Capital Advisors LLC now owns 19,909 shares of the company’s stock valued at $558,000 after acquiring an additional 7,309 shares in the last quarter. Finally, KLCM Advisors Inc. bought a new position in shares of Allspring Special Large Value ETF in the 4th quarter valued at about $5,592,000.

Allspring Special Large Value ETF Price Performance

Shares of NYSEARCA ASLV opened at $29.17 on Monday. The stock has a market capitalization of $219.36 million, a price-to-earnings ratio of 18.50 and a beta of 0.69. The business has a 50-day moving average of $28.62 and a 200-day moving average of $28.53. Allspring Special Large Value ETF has a fifty-two week low of $24.79 and a fifty-two week high of $30.01.

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.