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

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 4,733 shares, an increase of 70.3% from the November 30th total of 2,780 shares. Based on an average daily volume of 1,541 shares, the days-to-cover ratio is currently 3.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,541 shares, the days-to-cover ratio is currently 3.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Allspring Special Large Value ETF stock. Transcend Capital Advisors LLC acquired a new stake in shares of Allspring Special Large Value ETF (NYSEARCA:ASLV) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,600 shares of the company’s stock, valued at approximately $331,000. Transcend Capital Advisors LLC owned about 0.13% of Allspring Special Large Value ETF as of its most recent SEC filing.

Allspring Special Large Value ETF Stock Performance

Shares of NYSEARCA ASLV remained flat at $28.29 during mid-day trading on Friday. 4,397 shares of the company were exchanged, compared to its average volume of 55,276. The stock has a 50-day simple moving average of $27.77 and a 200 day simple moving average of $27.19. Allspring Special Large Value ETF has a 1 year low of $21.86 and a 1 year high of $28.60. The stock has a market cap of $272.72 million, a PE ratio of 18.50 and a beta of 0.93.

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.