Short Interest in Allspring LT Large Growth ETF (NYSEARCA:AGRW) Expands By 166.9%

Allspring LT Large Growth ETF (NYSEARCA:AGRW) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 419 shares, an increase of 166.9% from the December 31st total of 157 shares. Based on an average daily trading volume, of 555 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 555 shares, the days-to-cover ratio is currently 0.8 days.

Allspring LT Large Growth ETF Stock Performance

Allspring LT Large Growth ETF stock traded down $0.54 during trading on Thursday, reaching $29.79. 6,912 shares of the company’s stock were exchanged, compared to its average volume of 26,843. Allspring LT Large Growth ETF has a 52-week low of $20.68 and a 52-week high of $31.48. The firm has a market cap of $128.10 million, a price-to-earnings ratio of 35.22 and a beta of 1.24. The company’s 50-day moving average is $30.16 and its two-hundred day moving average is $29.84.

Institutional Investors Weigh In On Allspring LT Large Growth ETF

A hedge fund recently raised its stake in Allspring LT Large Growth ETF stock. Allspring Global Investments Holdings LLC lifted its holdings in Allspring LT Large Growth ETF (NYSEARCA:AGRW) by 2,143.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 4,240,893 shares of the company’s stock after buying an additional 4,051,893 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 99.09% of Allspring LT Large Growth ETF worth $119,749,000 as of its most recent filing with the SEC.

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.