Allspring LT Large Growth ETF (NYSEARCA:AGRW) Sees Significant Drop in Short Interest

Allspring LT Large Growth ETF (NYSEARCA:AGRW) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 546 shares, a decrease of 60.3% from the August 15th total of 1,376 shares. Based on an average trading volume of 364 shares, the short-interest ratio is presently 1.5 days. Approximately 0.0% of the company’s stock are sold short.

Allspring LT Large Growth ETF Stock Up 0.9%

NYSEARCA AGRW opened at $32.40 on Friday. The firm has a market capitalization of $113.08 million, a PE ratio of 35.22 and a beta of 1.32. The stock’s 50 day moving average is $32.27 and its 200 day moving average is $30.91. Allspring LT Large Growth ETF has a twelve month low of $26.19 and a twelve month high of $33.72.

Hedge Funds Weigh In On Allspring LT Large Growth ETF

A hedge fund recently bought a new position in Allspring LT Large Growth ETF stock. Integrated Wealth Concepts LLC acquired a new position in shares of Allspring LT Large Growth ETF (NYSEARCA:AGRW) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,300 shares of the company’s stock, valued at approximately $41,000.

Allspring LT Large Growth ETF Company Profile

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.