Euclidean Fundamental Value ETF (NYSEARCA:ECML) Sees Large Decline in Short Interest

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 99 shares, a decrease of 77.5% from the May 14th total of 440 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 0.2 days.

Euclidean Fundamental Value ETF Stock Performance

Shares of ECML opened at $38.71 on Wednesday. The stock has a market capitalization of $134.71 million, a PE ratio of 10.21 and a beta of 0.86. Euclidean Fundamental Value ETF has a 1 year low of $30.17 and a 1 year high of $38.71. The company’s 50-day simple moving average is $37.64 and its 200-day simple moving average is $36.04.

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.