Allspring Special Large Value ETF (NYSEARCA:ASLV) Stock Short Interest Drops 41.3%

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 3,573 shares, a drop of 41.3% from the September 15th total of 6,085 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 38,208 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ASLV. Citadel Advisors LLC lifted its stake in shares of 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 worth $485,000 after buying an additional 6,089 shares during the period. Unique Wealth LLC increased its position 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 acquiring an additional 4,492 shares during the period. Finally, KLCM Advisors Inc. increased its position in shares of Allspring Special Large Value ETF by 1.7% in the 1st quarter. KLCM Advisors Inc. now owns 202,993 shares of the company’s stock valued at $5,646,000 after acquiring an additional 3,419 shares during the period.

Allspring Special Large Value ETF Price Performance

NYSEARCA:ASLV traded down $0.10 during trading hours on Friday, hitting $30.53. 88 shares of the company were exchanged, compared to its average volume of 13,782. The stock has a market capitalization of $203.33 million, a price-to-earnings ratio of 18.50 and a beta of 0.61. Allspring Special Large Value ETF has a 52-week low of $26.76 and a 52-week high of $31.52. The company’s 50 day moving average price is $30.61 and its 200-day moving average price is $29.96.

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.