Short Interest in Allspring LT Large Growth ETF (NYSEARCA:AGRW) Decreases By 60.3%

Allspring LT Large Growth ETF (NYSEARCA:AGRW) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 546 shares, a drop of 60.3% from the August 15th total of 1,376 shares. Based on an average daily volume of 364 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Allspring LT Large Growth ETF stock. Integrated Wealth Concepts LLC bought a new position in Allspring LT Large Growth ETF (NYSEARCA:AGRW) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,300 shares of the company’s stock, valued at approximately $41,000.

Allspring LT Large Growth ETF Stock Down 0.4%

NYSEARCA:AGRW traded down $0.12 during mid-day trading on Tuesday, hitting $32.10. 268 shares of the company traded hands, compared to its average volume of 5,587. The stock’s fifty day moving average price is $32.27 and its 200-day moving average price is $30.96. Allspring LT Large Growth ETF has a one year low of $26.19 and a one year high of $33.72. The firm has a market cap of $112.05 million, a price-to-earnings ratio of 35.22 and a beta of 1.32.

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.