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

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

Institutional Inflows and Outflows

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

Applied Finance Valuation Large Cap ETF Stock Down 0.9%

Shares of Applied Finance Valuation Large Cap ETF stock traded down $0.39 on Tuesday, hitting $44.33. The stock had a trading volume of 4,003 shares, compared to its average volume of 42,788. The stock has a market cap of $402.07 million, a price-to-earnings ratio of 25.26 and a beta of 0.96. The business’s 50 day moving average is $44.17 and its two-hundred day moving average is $42.82. Applied Finance Valuation Large Cap ETF has a twelve month low of $30.54 and a twelve month high of $45.13.

Applied Finance Valuation Large Cap ETF Announces Dividend

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

Applied Finance Valuation Large Cap ETF Company Profile

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.