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

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

Euclidean Fundamental Value ETF Stock Performance

NYSEARCA ECML traded down $0.34 on Friday, reaching $41.02. 12 shares of the stock traded hands, compared to its average volume of 4,898. Euclidean Fundamental Value ETF has a 12 month low of $31.80 and a 12 month high of $42.43. The company has a market cap of $164.04 million, a price-to-earnings ratio of 10.21 and a beta of 0.83. The company has a fifty day moving average price of $40.95 and a 200-day moving average price of $38.71.

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.