Short Interest in Allspring LT Large Growth ETF (NYSEARCA:AGRW) Decreases By 72.7%

Allspring LT Large Growth ETF (NYSEARCA:AGRW) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,376 shares, a drop of 72.7% from the July 30th total of 5,040 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,148 shares, the days-to-cover ratio is currently 1.2 days.

Allspring LT Large Growth ETF Stock Performance

AGRW traded down $0.14 during midday trading on Friday, hitting $32.95. The stock had a trading volume of 734 shares, compared to its average volume of 5,896. The company has a market cap of $115.00 million, a P/E ratio of 35.22 and a beta of 1.32. Allspring LT Large Growth ETF has a 1 year low of $26.19 and a 1 year high of $33.72. The business has a fifty day moving average of $31.99 and a 200 day moving average of $30.64.

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.