Short Interest in Euclidean Fundamental Value ETF (NYSEARCA:ECML) Decreases By 40.4%

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 158 shares, a drop of 40.4% from the August 15th total of 265 shares. Based on an average daily volume of 1,390 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Euclidean Fundamental Value ETF Price Performance

NYSEARCA ECML traded up $0.20 during mid-day trading on Thursday, reaching $41.36. 12 shares of the stock were exchanged, compared to its average volume of 4,898. The stock has a 50 day simple moving average of $40.91 and a 200-day simple moving average of $38.68. Euclidean Fundamental Value ETF has a one year low of $31.80 and a one year high of $42.43. The stock has a market cap of $165.40 million, a P/E ratio of 10.21 and a beta of 0.83.

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.