Short Interest in Allspring Special Large Value ETF (NYSEARCA:ASLV) Increases By 77.2%

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 2,459 shares, an increase of 77.2% from the April 15th total of 1,388 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 49,581 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. KLCM Advisors Inc. purchased a new stake in shares of Allspring Special Large Value ETF in the fourth quarter valued at $5,592,000. Unique Wealth LLC boosted its stake 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 purchasing an additional 4,492 shares during the period. Finally, Transcend Capital Advisors LLC grew its holdings in Allspring Special Large Value ETF by 58.0% during the 4th quarter. Transcend Capital Advisors LLC now owns 19,909 shares of the company’s stock valued at $558,000 after purchasing an additional 7,309 shares during the last quarter.

Allspring Special Large Value ETF Stock Performance

Shares of Allspring Special Large Value ETF stock remained flat at $29.19 during trading on Tuesday. The stock had a trading volume of 6,680 shares, compared to its average volume of 21,188. The stock has a market cap of $219.51 million, a P/E ratio of 18.50 and a beta of 0.69. Allspring Special Large Value ETF has a 12 month low of $24.79 and a 12 month high of $30.01. The company has a fifty day simple moving average of $28.63 and a 200-day simple moving average of $28.54.

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.