Euclidean Fundamental Value ETF (NYSEARCA:ECML) Shares Shorted: Short Interest Up 516.7% in October

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 185 shares, a growth of 516.7% from the October 15th total of 30 shares. Based on an average daily volume of 551 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Euclidean Fundamental Value ETF

An institutional investor recently bought a new stake in Euclidean Fundamental Value ETF stock. Middleton & Co. Inc. MA purchased a new stake in shares of Euclidean Fundamental Value ETF (NYSEARCA:ECML) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 11,000 shares of the company’s stock, valued at approximately $432,000. Middleton & Co. Inc. MA owned 0.36% of Euclidean Fundamental Value ETF as of its most recent SEC filing.

Euclidean Fundamental Value ETF Stock Performance

NYSEARCA:ECML opened at $39.64 on Wednesday. The firm has a market cap of $122.09 million, a PE ratio of 10.51 and a beta of 0.85. Euclidean Fundamental Value ETF has a fifty-two week low of $31.80 and a fifty-two week high of $42.43. The business has a 50 day moving average price of $40.45 and a 200-day moving average price of $38.68.

About Euclidean Fundamental Value ETF

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.