Allspring Special Large Value ETF (NYSEARCA:ASLV) Shares Shorted: Short Interest Down 56.2% in September

Allspring Special Large Value ETF (NYSEARCA:ASLV) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 6,085 shares, a decline of 56.2% from the August 31st total of 13,889 shares. Based on an average daily volume of 4,368 shares, the short-interest ratio is presently 1.4 days. Approximately 0.1% of the company’s shares are sold short.

Allspring Special Large Value ETF Trading Down 0.4%

Shares of ASLV stock opened at $29.91 on Wednesday. The stock’s fifty day simple moving average is $30.71 and its 200-day simple moving average is $29.74. The company has a market capitalization of $211.16 million, a price-to-earnings ratio of 18.50 and a beta of 0.57. Allspring Special Large Value ETF has a 1-year low of $26.76 and a 1-year high of $31.52.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC lifted its position in Allspring Special Large Value ETF by 60.4% in the 2nd quarter. Citadel Advisors LLC now owns 16,173 shares of the company’s stock worth $485,000 after buying an additional 6,089 shares in the last quarter. Unique Wealth LLC grew 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 valued at $544,000 after acquiring an additional 4,492 shares in the last quarter. Finally, KLCM Advisors Inc. increased its stake in shares of Allspring Special Large Value ETF by 1.7% in the first quarter. KLCM Advisors Inc. now owns 202,993 shares of the company’s stock worth $5,646,000 after acquiring an additional 3,419 shares during the last quarter.

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.