Allspring Special Large Value ETF (NYSEARCA:ASLV) Short Interest Down 64.8% in May

Allspring Special Large Value ETF (NYSEARCA:ASLV) saw a large drop in short interest in the month of 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 trading volume of 4,577 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ASLV. KLCM Advisors Inc. boosted its holdings in shares of Allspring Special Large Value ETF by 1.7% during the 1st quarter. KLCM Advisors Inc. now owns 202,993 shares of the company’s stock worth $5,646,000 after buying an additional 3,419 shares during the period. Unique Wealth LLC boosted its holdings in shares of Allspring Special Large Value ETF by 29.8% during the 1st quarter. Unique Wealth LLC now owns 19,576 shares of the company’s stock worth $544,000 after buying an additional 4,492 shares during the period. Finally, Transcend Capital Advisors LLC boosted its holdings in shares of Allspring Special Large Value ETF by 58.0% during the 4th quarter. Transcend Capital Advisors LLC now owns 19,909 shares of the company’s stock worth $558,000 after buying an additional 7,309 shares during the period.

Allspring Special Large Value ETF Trading Up 0.4%

Shares of ASLV traded up $0.13 during midday trading on Friday, reaching $29.52. The stock had a trading volume of 336 shares, compared to its average volume of 18,216. The firm 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 one year low of $25.62 and a one year high of $30.01. The firm has a market cap of $221.99 million, a PE ratio of 18.50 and a beta of 0.63.

About Allspring Special Large Value ETF

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.