Short Interest in Allspring LT Large Growth ETF (NYSEARCA:AGRW) Rises By 52.3%

Allspring LT Large Growth ETF (NYSEARCA:AGRW) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 609 shares, a growth of 52.3% from the February 26th total of 400 shares. Based on an average daily volume of 150 shares, the days-to-cover ratio is currently 4.1 days. Approximately 0.0% of the company’s shares are sold short.

Allspring LT Large Growth ETF Trading Down 2.6%

AGRW stock traded down $0.71 during trading on Friday, reaching $26.25. 19 shares of the stock were exchanged, compared to its average volume of 14,516. Allspring LT Large Growth ETF has a 1 year low of $20.68 and a 1 year high of $31.48. The firm has a market capitalization of $100.28 million, a price-to-earnings ratio of 35.22 and a beta of 1.24. The business has a 50 day moving average price of $28.78 and a 200-day moving average price of $29.70.

About Allspring LT Large Growth ETF

Allspring Exchange-Traded Funds Trust – Allspring LT Large Growth ETF is an exchange traded fund launched and managed by Allspring Funds Management, LLC. The fund is co-managed by Allspring Global Investments, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. It employs fundamental analysis to create its portfolio.