Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Short Interest Update

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 95,525 shares, a growth of 234.8% from the May 14th total of 28,536 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 53,976 shares, the days-to-cover ratio is currently 1.8 days.

Applied Finance Valuation Large Cap ETF Price Performance

Shares of NYSEARCA VSLU traded up $0.09 during trading hours on Friday, reaching $46.05. The stock had a trading volume of 25,401 shares, compared to its average volume of 48,270. The business’s fifty day moving average is $45.48 and its two-hundred day moving average is $44.38. The company has a market cap of $504.25 million, a price-to-earnings ratio of 25.26 and a beta of 0.95. Applied Finance Valuation Large Cap ETF has a twelve month low of $37.29 and a twelve month high of $47.52.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its stake in Applied Finance Valuation Large Cap ETF by 58.3% during the first quarter. EverSource Wealth Advisors LLC now owns 500,722 shares of the company’s stock worth $20,935,000 after acquiring an additional 184,476 shares in the last quarter. Advisory Services Network LLC raised its stake in Applied Finance Valuation Large Cap ETF by 3.1% during the fourth quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock worth $3,577,000 after acquiring an additional 2,404 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Applied Finance Valuation Large Cap ETF by 1.3% during the fourth quarter. JPMorgan Chase & Co. now owns 174,427 shares of the company’s stock worth $7,720,000 after acquiring an additional 2,190 shares in the last quarter. Crestwood Advisors Group LLC raised its stake in Applied Finance Valuation Large Cap ETF by 39.1% during the fourth quarter. Crestwood Advisors Group LLC now owns 1,999,806 shares of the company’s stock worth $88,511,000 after acquiring an additional 562,435 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in Applied Finance Valuation Large Cap ETF during the fourth quarter worth $3,829,000.

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.