Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Sees Significant Decrease in Short Interest

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 52,339 shares, a decline of 45.2% from the May 31st total of 95,525 shares. Based on an average daily trading volume, of 55,387 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position 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 worth $7,353,000 after purchasing an additional 12,342 shares during the period. Old Port Advisors increased its stake in Applied Finance Valuation Large Cap ETF by 21.4% during the 4th quarter. Old Port Advisors now owns 207,977 shares of the company’s stock worth $9,205,000 after purchasing an additional 36,606 shares in the last quarter. Acima Private Wealth LLC raised its holdings in Applied Finance Valuation Large Cap ETF by 14.6% during the 4th quarter. Acima Private Wealth LLC now owns 275,450 shares of the company’s stock worth $12,191,000 after buying an additional 35,018 shares during the period. Newman Dignan & Sheerar Inc. lifted its stake in Applied Finance Valuation Large Cap ETF by 2.4% in the fourth quarter. Newman Dignan & Sheerar Inc. now owns 704,543 shares of the company’s stock valued at $31,183,000 after buying an additional 16,387 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in Applied Finance Valuation Large Cap ETF in the fourth quarter valued at approximately $3,829,000.

Applied Finance Valuation Large Cap ETF Stock Up 0.6%

VSLU opened at $46.78 on Friday. Applied Finance Valuation Large Cap ETF has a 12 month low of $39.23 and a 12 month high of $47.52. The company has a fifty day simple moving average of $46.13 and a 200 day simple moving average of $44.58. The stock has a market cap of $552.00 million, a P/E ratio of 25.26 and a beta of 0.95.

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.