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

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 13,889 shares, an increase of 961.9% from the August 15th total of 1,308 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 3,000 shares, the short-interest ratio is presently 4.6 days.

Allspring Special Large Value ETF Stock Down 0.6%

ASLV stock traded down $0.18 during mid-day trading on Thursday, hitting $30.23. The company had a trading volume of 490 shares, compared to its average volume of 13,216. The company has a 50-day moving average price of $30.71 and a 200 day moving average price of $29.64. Allspring Special Large Value ETF has a 12-month low of $26.76 and a 12-month high of $31.52. The company has a market capitalization of $214.03 million, a price-to-earnings ratio of 18.50 and a beta of 0.57.

Institutional Investors Weigh In On Allspring Special Large Value ETF

A number of hedge funds have recently made changes to their positions in ASLV. Citadel Advisors LLC grew its holdings in Allspring Special Large Value ETF by 60.4% during the 2nd quarter. Citadel Advisors LLC now owns 16,173 shares of the company’s stock valued at $485,000 after buying an additional 6,089 shares in the last quarter. Unique Wealth LLC raised its holdings in shares of Allspring Special Large Value ETF by 29.8% during the 1st quarter. Unique Wealth LLC now owns 19,576 shares of the company’s stock worth $544,000 after acquiring an additional 4,492 shares in the last quarter. Finally, KLCM Advisors Inc. raised its holdings in shares of Allspring Special Large Value ETF by 1.7% during the 1st quarter. KLCM Advisors Inc. now owns 202,993 shares of the company’s stock worth $5,646,000 after acquiring an additional 3,419 shares in the last quarter.

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.