Allspring Special Large Value ETF (NYSEARCA:ASLV) Sees Large Drop in Short Interest

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 2,770 shares, a decline of 41.5% from the December 15th total of 4,733 shares. Based on an average daily volume of 1,532 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,532 shares, the days-to-cover ratio is currently 1.8 days.

Allspring Special Large Value ETF Stock Up 0.2%

Shares of NYSEARCA ASLV traded up $0.05 during trading hours on Thursday, reaching $28.92. 1,953 shares of the stock traded hands, compared to its average volume of 1,606. Allspring Special Large Value ETF has a 52-week low of $21.86 and a 52-week high of $28.93. The company’s 50-day simple moving average is $28.02 and its two-hundred day simple moving average is $27.43. The company has a market capitalization of $277.63 million, a P/E ratio of 18.50 and a beta of 0.93.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of ASLV. Transcend Capital Advisors LLC purchased a new stake in shares of Allspring Special Large Value ETF during the 2nd quarter valued at about $331,000. Unique Wealth LLC bought a new position in Allspring Special Large Value ETF during the fourth quarter valued at approximately $423,000. Finally, Allspring Global Investments Holdings LLC lifted its position in Allspring Special Large Value ETF by 3,721.2% during the second quarter. Allspring Global Investments Holdings LLC now owns 7,222,158 shares of the company’s stock valued at $189,509,000 after purchasing an additional 7,033,158 shares during the period.

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.