Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Short Interest Down 24.2% in January

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 48,393 shares, a decrease of 24.2% from the December 31st total of 63,860 shares. Based on an average trading volume of 33,881 shares, the short-interest ratio is presently 1.4 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 33,881 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. BankPlus Trust Department acquired a new stake in shares of Applied Finance Valuation Large Cap ETF in the 2nd quarter valued at about $790,000. Applied Finance Capital Management LLC purchased a new position in Applied Finance Valuation Large Cap ETF in the 2nd quarter valued at approximately $2,776,000. Farther Finance Advisors LLC acquired a new position in Applied Finance Valuation Large Cap ETF during the fourth quarter worth about $3,829,000. Old Port Advisors lifted its position in shares of Applied Finance Valuation Large Cap ETF by 2,785.0% in the third quarter. Old Port Advisors now owns 171,371 shares of the company’s stock valued at $7,316,000 after acquiring an additional 165,431 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Applied Finance Valuation Large Cap ETF by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 172,237 shares of the company’s stock valued at $7,353,000 after buying an additional 12,342 shares during the period.

Applied Finance Valuation Large Cap ETF Stock Performance

Shares of VSLU stock traded down $0.16 on Friday, hitting $44.44. 120,111 shares of the stock traded hands, compared to its average volume of 41,541. Applied Finance Valuation Large Cap ETF has a twelve month low of $30.54 and a twelve month high of $45.13. The stock has a market capitalization of $400.85 million, a PE ratio of 25.26 and a beta of 0.96. The firm’s 50-day moving average price is $44.14 and its two-hundred day moving average price is $42.77.

Applied Finance Valuation Large Cap ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were issued a $0.2048 dividend. This represents a dividend yield of 46.0%. The ex-dividend date was Wednesday, December 24th.

About Applied Finance Valuation Large Cap ETF

The Applied Finance Valuation Large Cap US ETF (VSLU) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund the selects at least 200 stocks globally based on a proprietary valuation driven investment process. VSLU was launched on Apr 29, 2021 and is managed by Applied Finance.