Short Interest in Allspring Special Large Value ETF (NYSEARCA:ASLV) Declines By 80.2%

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 97 shares, a decline of 80.2% from the May 31st total of 491 shares. Based on an average trading volume of 4,509 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Allspring Special Large Value ETF Stock Performance

Shares of NYSEARCA:ASLV traded up $0.05 during trading on Friday, reaching $29.88. 4,677 shares of the stock traded hands, compared to its average volume of 17,279. The stock has a market cap of $224.70 million, a P/E ratio of 18.50 and a beta of 0.63. Allspring Special Large Value ETF has a 52-week low of $26.15 and a 52-week high of $30.03. The stock has a 50-day moving average of $29.46 and a two-hundred day moving average of $28.94.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ASLV. KLCM Advisors Inc. bought a new stake in Allspring Special Large Value ETF during the fourth quarter valued at about $5,592,000. Unique Wealth LLC bought a new stake in shares of Allspring Special Large Value ETF in the fourth quarter worth about $423,000. Finally, Transcend Capital Advisors LLC boosted its position in shares of 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 acquiring an additional 7,309 shares during the last quarter.

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.