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

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 491 shares, a drop of 64.8% from the May 14th total of 1,394 shares. Based on an average daily trading volume, of 4,577 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. KLCM Advisors Inc. boosted its stake in Allspring Special Large Value ETF by 1.7% during the first quarter. KLCM Advisors Inc. now owns 202,993 shares of the company’s stock valued at $5,646,000 after buying an additional 3,419 shares in the last quarter. Unique Wealth LLC lifted its holdings in shares of Allspring Special Large Value ETF by 29.8% during the first quarter. Unique Wealth LLC now owns 19,576 shares of the company’s stock valued at $544,000 after purchasing an additional 4,492 shares during the last quarter. Finally, Transcend Capital Advisors LLC lifted its holdings in shares of 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 valued at $558,000 after purchasing an additional 7,309 shares during the last quarter.

Allspring Special Large Value ETF Stock Up 0.4%

Shares of ASLV stock opened at $29.52 on Friday. The stock has a 50-day simple moving average of $29.21 and a 200 day simple moving average of $28.82. Allspring Special Large Value ETF has a fifty-two week low of $25.62 and a fifty-two week high of $30.01. The stock has a market capitalization of $221.99 million, a P/E ratio of 18.50 and a beta of 0.63.

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.