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

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

Euclidean Fundamental Value ETF Trading Down 0.7%

Shares of NYSEARCA ECML traded down $0.29 during trading hours on Wednesday, reaching $41.16. The stock had a trading volume of 56 shares, compared to its average volume of 4,926. The firm has a 50-day moving average of $40.86 and a 200-day moving average of $38.65. The firm has a market cap of $164.60 million, a price-to-earnings ratio of 10.21 and a beta of 0.83. Euclidean Fundamental Value ETF has a fifty-two week low of $31.80 and a fifty-two week high of $42.43.

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.