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

Applied Finance Valuation Large Cap ETF (NYSEARCA:VSLU) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 73,302 shares, an increase of 93.8% from the September 30th total of 37,828 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 18,940 shares, the days-to-cover ratio is presently 3.9 days.

Institutional Investors Weigh In On Applied Finance Valuation Large Cap ETF

Institutional investors have recently modified their holdings of the business. Newman Dignan & Sheerar Inc. bought a new position in Applied Finance Valuation Large Cap ETF during the 3rd quarter worth $36,374,000. Farther Finance Advisors LLC acquired a new position in Applied Finance Valuation Large Cap ETF in the 3rd quarter valued at $4,533,000. Acima Private Wealth LLC bought a new stake in shares of Applied Finance Valuation Large Cap ETF during the 3rd quarter valued at $15,138,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Applied Finance Valuation Large Cap ETF by 58.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 500,722 shares of the company’s stock valued at $20,935,000 after acquiring an additional 184,476 shares during the period.

Applied Finance Valuation Large Cap ETF Trading Down 0.1%

VSLU stock opened at $48.90 on Tuesday. Applied Finance Valuation Large Cap ETF has a 1-year low of $39.80 and a 1-year high of $50.01. The business’s 50 day simple moving average is $49.05 and its 200 day simple moving average is $46.32. The firm has a market capitalization of $569.68 million, a PE ratio of 25.26 and a beta of 0.94.

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.