Short Interest in Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Expands By 46.3%

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 63,860 shares, a growth of 46.3% from the December 15th total of 43,636 shares. Based on an average daily trading volume, of 35,476 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 35,476 shares, the days-to-cover ratio is presently 1.8 days.

Applied Finance Valuation Large Cap ETF Stock Down 0.2%

VSLU stock opened at $44.19 on Friday. The firm has a market cap of $396.83 million, a PE ratio of 25.26 and a beta of 0.96. The business has a 50 day moving average of $43.90 and a 200-day moving average of $42.42. Applied Finance Valuation Large Cap ETF has a 12-month low of $30.54 and a 12-month high of $44.74.

Applied Finance Valuation Large Cap ETF Dividend Announcement

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

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

A number of institutional investors have recently made changes to their positions in VSLU. Old Port Advisors bought a new position in Applied Finance Valuation Large Cap ETF in the second quarter worth approximately $233,000. BankPlus Trust Department bought a new position in shares of Applied Finance Valuation Large Cap ETF in the second quarter worth about $790,000. Applied Finance Capital Management LLC bought a new position in shares of Applied Finance Valuation Large Cap ETF during the 2nd quarter valued at approximately $2,776,000. JPMorgan Chase & Co. raised 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 acquiring an additional 12,342 shares during the period. Finally, Acima Private Wealth LLC lifted its holdings in Applied Finance Valuation Large Cap ETF by 13.7% during the second quarter. Acima Private Wealth LLC now owns 233,264 shares of the company’s stock valued at $9,132,000 after purchasing an additional 28,146 shares in the last quarter.

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.