Euclidean Fundamental Value ETF (NYSEARCA:ECML) Short Interest Down 80.7% in May

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 440 shares, a drop of 80.7% from the April 30th total of 2,281 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 569 shares, the days-to-cover ratio is currently 0.8 days.

Euclidean Fundamental Value ETF Stock Down 0.7%

Shares of NYSEARCA:ECML traded down $0.27 during mid-day trading on Friday, reaching $37.51. 803 shares of the stock were exchanged, compared to its average volume of 4,317. The company has a market cap of $130.53 million, a P/E ratio of 10.21 and a beta of 0.90. Euclidean Fundamental Value ETF has a one year low of $30.10 and a one year high of $38.32. The stock’s 50 day simple moving average is $37.27 and its 200-day simple moving average is $35.73.

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.