Short Interest in Euclidean Fundamental Value ETF (NYSEARCA:ECML) Increases By 289.7%

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 265 shares, a growth of 289.7% from the July 30th total of 68 shares. Based on an average daily volume of 845 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Euclidean Fundamental Value ETF Stock Performance

Euclidean Fundamental Value ETF stock remained flat at $42.13 during midday trading on Friday. The company had a trading volume of 67 shares, compared to its average volume of 5,304. The company has a market cap of $131.87 million, a PE ratio of 10.21 and a beta of 0.83. The business’s 50 day moving average price is $40.07 and its two-hundred day moving average price is $38.21. Euclidean Fundamental Value ETF has a 52 week low of $31.80 and a 52 week high of $42.43.

Euclidean Fundamental Value ETF Company Profile

The Euclidean Fundamental Value ETF (ECML) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that targets US value stocks of any market-cap across all sectors, excluding financials. The fund uses a multi-step approach that applies machine learning in its proprietary models. ECML was launched on May 18, 2023 and is managed by Alpha Architect.