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

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 29,444 shares, a decrease of 16.0% from the January 29th total of 35,062 shares. Based on an average daily volume of 63,007 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 63,007 shares, the short-interest ratio is presently 0.5 days.

Applied Finance Valuation Large Cap ETF Price Performance

Shares of VSLU opened at $43.99 on Thursday. Applied Finance Valuation Large Cap ETF has a 1-year low of $30.54 and a 1-year high of $45.13. The stock has a market cap of $400.31 million, a price-to-earnings ratio of 25.26 and a beta of 0.96. The firm has a 50 day simple moving average of $44.22 and a 200-day simple moving average of $43.37.

Applied Finance Valuation Large Cap ETF Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Crestwood Advisors Group LLC boosted its stake in shares of Applied Finance Valuation Large Cap ETF by 39.1% during the 4th quarter. Crestwood Advisors Group LLC now owns 1,999,806 shares of the company’s stock worth $88,511,000 after purchasing an additional 562,435 shares during the last quarter. Newman Dignan & Sheerar Inc. lifted its stake in shares of Applied Finance Valuation Large Cap ETF by 2.4% during 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 during the period. EverSource Wealth Advisors LLC boosted its position in Applied Finance Valuation Large Cap ETF by 23.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 316,246 shares of the company’s stock worth $13,997,000 after acquiring an additional 59,626 shares during the last quarter. Acima Private Wealth LLC boosted its position in Applied Finance Valuation Large Cap ETF by 14.6% during the fourth quarter. Acima Private Wealth LLC now owns 275,450 shares of the company’s stock worth $12,191,000 after acquiring an additional 35,018 shares during the last quarter. Finally, Old Port Advisors grew its stake in Applied Finance Valuation Large Cap ETF by 21.4% in the 4th quarter. Old Port Advisors now owns 207,977 shares of the company’s stock worth $9,205,000 after acquiring an additional 36,606 shares during the period.

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.