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

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 13,889 shares, a growth of 961.9% from the August 15th total of 1,308 shares. Based on an average trading volume of 3,000 shares, the short-interest ratio is presently 4.6 days. Currently, 0.2% of the company’s shares are sold short.

Allspring Special Large Value ETF Price Performance

Shares of Allspring Special Large Value ETF stock traded up $0.26 on Friday, hitting $30.48. 558 shares of the company’s stock traded hands, compared to its average volume of 13,141. The firm’s 50-day moving average price is $30.71 and its two-hundred day moving average price is $29.64. The stock has a market capitalization of $215.83 million, a PE ratio of 18.50 and a beta of 0.57. Allspring Special Large Value ETF has a one year low of $26.76 and a one year high of $31.52.

Institutional Investors Weigh In On Allspring Special Large Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ASLV. Citadel Advisors LLC grew its holdings in Allspring Special Large Value ETF by 60.4% during the second quarter. Citadel Advisors LLC now owns 16,173 shares of the company’s stock valued at $485,000 after purchasing an additional 6,089 shares during the period. Unique Wealth LLC raised its stake in shares of Allspring Special Large Value ETF by 29.8% in the 1st 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 during the period. Finally, 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.

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.