Short Interest in Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) Declines By 45.2%

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 52,339 shares, a drop of 45.2% from the May 31st total of 95,525 shares. Based on an average daily volume of 55,387 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the shares of the company are short sold.

Applied Finance Valuation Large Cap ETF Stock Performance

NYSEARCA VSLU traded up $0.30 during trading on Thursday, reaching $46.78. The company’s stock had a trading volume of 17,443 shares, compared to its average volume of 47,415. The business’s fifty day moving average price is $46.09 and its 200-day moving average price is $44.56. Applied Finance Valuation Large Cap ETF has a twelve month low of $39.23 and a twelve month high of $47.52. The firm has a market cap of $552.00 million, a price-to-earnings ratio of 25.26 and a beta of 0.95.

Institutional Trading of Applied Finance Valuation Large Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its stake in shares of Applied Finance Valuation Large Cap ETF by 58.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 500,722 shares of the company’s stock valued at $20,935,000 after purchasing an additional 184,476 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of 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 purchasing an additional 2,404 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 purchasing an additional 2,190 shares during the period. Crestwood Advisors Group LLC lifted its holdings in shares of 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 purchasing an additional 562,435 shares during the period. Finally, Farther Finance Advisors LLC purchased a new position in Applied Finance Valuation Large Cap ETF in the 4th quarter valued at $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.