Euclidean Fundamental Value ETF (NYSEARCA:ECML) Sees Significant Increase in Short Interest

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 265 shares, an increase of 289.7% from the July 30th total of 68 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 845 shares, the short-interest ratio is currently 0.3 days.

Euclidean Fundamental Value ETF Stock Performance

Shares of ECML stock opened at $42.20 on Thursday. The stock’s 50 day simple moving average is $40.00 and its 200 day simple moving average is $38.17. Euclidean Fundamental Value ETF has a twelve month low of $31.80 and a twelve month high of $42.43. The company has a market capitalization of $132.09 million, a price-to-earnings ratio of 10.21 and a beta of 0.83.

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.