Allspring LT Large Growth ETF (NYSEARCA:AGRW) Stock Short Interest Drops 38.6%

Allspring LT Large Growth ETF (NYSEARCA:AGRW) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 335 shares, a decrease of 38.6% from the August 31st total of 546 shares. Based on an average daily trading volume, of 476 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Allspring LT Large Growth ETF

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

Allspring LT Large Growth ETF Stock Performance

Shares of Allspring LT Large Growth ETF stock traded up $0.03 on Thursday, hitting $33.03. 308 shares of the company’s stock were exchanged, compared to its average volume of 5,260. The company has a 50-day simple moving average of $32.47 and a 200-day simple moving average of $31.29. The stock has a market capitalization of $115.93 million, a PE ratio of 35.22 and a beta of 1.32. Allspring LT Large Growth ETF has a 1 year low of $26.19 and a 1 year high of $33.72.

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.