Euclidean Fundamental Value ETF (NYSEARCA:ECML) Stock Short Interest Drops 54.4%

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 72 shares, a drop of 54.4% from the August 31st total of 158 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 137 shares, the short-interest ratio is presently 0.5 days.

Euclidean Fundamental Value ETF Stock Performance

Shares of NYSEARCA:ECML traded down $0.17 during trading on Tuesday, reaching $39.40. The stock had a trading volume of 237 shares, compared to its average volume of 4,695. The stock has a market cap of $122.53 million, a price-to-earnings ratio of 10.21 and a beta of 0.83. Euclidean Fundamental Value ETF has a 52 week low of $31.80 and a 52 week high of $42.43. The firm’s fifty day moving average is $41.06 and its 200 day moving average is $38.93.

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.