Allspring Special Large Value ETF (NYSEARCA:ASLV) Short Interest Up 770.3% in July

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,610 shares, a growth of 770.3% from the July 15th total of 185 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,570 shares, the short-interest ratio is presently 0.6 days.

Allspring Special Large Value ETF Stock Performance

NYSEARCA:ASLV remained flat at $31.30 during mid-day trading on Thursday. The company’s stock had a trading volume of 6,101 shares, compared to its average volume of 14,593. The company has a market cap of $221.60 million, a PE ratio of 18.50 and a beta of 0.57. The stock’s fifty day moving average price is $30.19 and its two-hundred day moving average price is $29.42. Allspring Special Large Value ETF has a 12-month low of $26.76 and a 12-month high of $31.52.

Hedge Funds Weigh In On Allspring Special Large Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Unique Wealth LLC increased its position in 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 in the last quarter. Transcend Capital Advisors LLC grew its stake in Allspring Special Large Value ETF by 58.0% during the fourth quarter. Transcend Capital Advisors LLC now owns 19,909 shares of the company’s stock worth $558,000 after buying an additional 7,309 shares during the period. Finally, KLCM Advisors Inc. acquired a new stake in shares of Allspring Special Large Value ETF in the fourth quarter worth $5,592,000.

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.