Euclidean Fundamental Value ETF (NYSEARCA:ECML) Sees Significant Decrease in Short Interest

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

Euclidean Fundamental Value ETF Stock Performance

NYSEARCA ECML traded down $0.36 during trading hours on Monday, hitting $39.57. 122 shares of the company’s stock were exchanged, compared to its average volume of 4,720. The business’s 50 day moving average is $41.06 and its 200-day moving average is $38.87. Euclidean Fundamental Value ETF has a 12-month low of $31.80 and a 12-month high of $42.43. The firm has a market capitalization of $123.06 million, a P/E ratio of 10.21 and a beta of 0.83.

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.