Allspring LT Large Growth ETF (NYSEARCA:AGRW) Short Interest Up 166.9% in January

Allspring LT Large Growth ETF (NYSEARCA:AGRW) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 419 shares, an increase of 166.9% from the December 31st total of 157 shares. Based on an average daily volume of 555 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 555 shares, the short-interest ratio is currently 0.8 days.

Allspring LT Large Growth ETF Price Performance

NYSEARCA AGRW traded down $0.54 on Thursday, hitting $29.79. 6,912 shares of the company were exchanged, compared to its average volume of 26,843. Allspring LT Large Growth ETF has a twelve month low of $20.68 and a twelve month high of $31.48. The firm has a market capitalization of $128.10 million, a P/E ratio of 35.22 and a beta of 1.24. The company’s 50 day moving average price is $30.16 and its 200-day moving average price is $29.84.

Institutional Investors Weigh In On Allspring LT Large Growth ETF

An institutional investor recently raised its position in Allspring LT Large Growth ETF stock. Allspring Global Investments Holdings LLC boosted its position in shares of Allspring LT Large Growth ETF (NYSEARCA:AGRW) by 2,143.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,240,893 shares of the company’s stock after purchasing an additional 4,051,893 shares during the period. Allspring Global Investments Holdings LLC owned 99.09% of Allspring LT Large Growth ETF worth $119,749,000 at the end of the most recent reporting period.

Allspring LT Large Growth ETF Company Profile

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.