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

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

Allspring LT Large Growth ETF Price Performance

Shares of AGRW traded up $0.03 during midday trading on Thursday, hitting $33.03. The stock had a trading volume of 308 shares, compared to its average volume of 5,260. Allspring LT Large Growth ETF has a 1 year low of $26.19 and a 1 year high of $33.72. The stock’s 50 day moving average is $32.47 and its 200 day moving average is $31.29. The firm has a market cap of $115.93 million, a PE ratio of 35.22 and a beta of 1.32.

Hedge Funds 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 stake in shares of Allspring LT Large Growth ETF (NYSEARCA:AGRW) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 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.