Allspring Special Large Value ETF (NYSEARCA:ASLV) Short Interest Down 80.2% in June

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 97 shares, a decrease of 80.2% from the May 31st total of 491 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,509 shares, the days-to-cover ratio is presently 0.0 days.

Allspring Special Large Value ETF Stock Performance

NYSEARCA ASLV traded up $0.05 during trading hours on Friday, hitting $29.88. The company had a trading volume of 4,677 shares, compared to its average volume of 17,279. The firm has a 50 day simple moving average of $29.46 and a 200 day simple moving average of $28.94. Allspring Special Large Value ETF has a 52 week low of $26.15 and a 52 week high of $30.03. The firm has a market capitalization of $224.70 million, a price-to-earnings ratio of 18.50 and a beta of 0.63.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Unique Wealth LLC purchased a new stake in Allspring Special Large Value ETF during the fourth quarter valued at about $423,000. Transcend Capital Advisors LLC lifted its stake in shares of Allspring Special Large Value ETF by 58.0% in the 4th quarter. Transcend Capital Advisors LLC now owns 19,909 shares of the company’s stock valued at $558,000 after acquiring an additional 7,309 shares during the last quarter. Finally, KLCM Advisors Inc. bought a new position in Allspring Special Large Value ETF during the 4th quarter worth approximately $5,592,000.

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.