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 the month of 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. Based on an average trading volume of 38,208 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Allspring Special Large Value ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. KLCM Advisors Inc. lifted its stake in Allspring Special Large Value ETF by 1.7% during the first quarter. KLCM Advisors Inc. now owns 202,993 shares of the company’s stock worth $5,646,000 after purchasing an additional 3,419 shares during the period. Unique Wealth LLC grew its stake 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 purchasing an additional 4,492 shares during the period. Finally, Citadel Advisors LLC grew its stake in shares of Allspring Special Large Value ETF by 60.4% in the 2nd quarter. Citadel Advisors LLC now owns 16,173 shares of the company’s stock valued at $485,000 after purchasing an additional 6,089 shares during the period.

Allspring Special Large Value ETF Trading Down 0.4%

Shares of NYSEARCA:ASLV opened at $30.36 on Thursday. The firm has a market capitalization of $202.20 million, a PE ratio of 18.50 and a beta of 0.61. Allspring Special Large Value ETF has a 1-year low of $26.76 and a 1-year high of $31.52. The business’s 50 day moving average is $30.63 and its 200-day moving average is $29.93.

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.