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

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) was the recipient of a large 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. Based on an average daily volume of 53,976 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC grew its stake in Applied Finance Valuation Large Cap ETF by 3.1% during the 4th quarter. Advisory Services Network LLC now owns 80,813 shares of the company’s stock worth $3,577,000 after purchasing an additional 2,404 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in Applied Finance Valuation Large Cap ETF during the 4th quarter worth $3,829,000. JPMorgan Chase & Co. grew its stake in Applied Finance Valuation Large Cap ETF by 7.7% during the 3rd 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 in the last quarter. Old Port Advisors lifted its holdings 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 buying an additional 36,606 shares during the last quarter. Finally, Acima Private Wealth LLC lifted its holdings in Applied Finance Valuation Large Cap ETF by 3.1% during the 3rd quarter. Acima Private Wealth LLC now owns 240,432 shares of the company’s stock worth $10,265,000 after buying an additional 7,168 shares during the last quarter.

Applied Finance Valuation Large Cap ETF Trading Up 0.2%

VSLU traded up $0.09 on Friday, hitting $46.05. 25,401 shares of the company were exchanged, compared to its average volume of 48,270. Applied Finance Valuation Large Cap ETF has a twelve month low of $37.29 and a twelve month high of $47.52. The company has a market cap of $504.25 million, a price-to-earnings ratio of 25.26 and a beta of 0.95. The firm has a 50-day moving average price of $45.48 and a two-hundred day moving average price of $44.38.

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.