Short Interest in Allspring Special Large Value ETF (NYSEARCA:ASLV) Grows By 1,002.6%

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 6,009 shares, a growth of 1,002.6% from the February 12th total of 545 shares. Based on an average daily volume of 36,138 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 36,138 shares, the days-to-cover ratio is currently 0.2 days.

Allspring Special Large Value ETF Price Performance

Shares of NYSEARCA:ASLV traded down $0.07 during trading hours on Tuesday, hitting $28.41. 13,252 shares of the company’s stock traded hands, compared to its average volume of 28,112. The firm has a market capitalization of $244.61 million, a P/E ratio of 18.50 and a beta of 0.93. The business has a fifty day moving average price of $29.12 and a 200-day moving average price of $28.16. Allspring Special Large Value ETF has a 1 year low of $21.86 and a 1 year high of $30.01.

Hedge Funds Weigh In On Allspring Special Large Value ETF

A number of large investors have recently bought and sold shares of ASLV. Unique Wealth LLC bought a new position in Allspring Special Large Value ETF in the 4th quarter valued at $423,000. Transcend Capital Advisors LLC lifted its position in shares of Allspring Special Large Value ETF by 58.0% during the fourth quarter. Transcend Capital Advisors LLC now owns 19,909 shares of the company’s stock worth $558,000 after purchasing an additional 7,309 shares during the last quarter. KLCM Advisors Inc. purchased a new stake in shares of Allspring Special Large Value ETF during the fourth quarter valued at $5,592,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Allspring Special Large Value ETF by 27.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 9,178,628 shares of the company’s stock valued at $252,868,000 after purchasing an additional 1,956,470 shares during the period.

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.