Euclidean Fundamental Value ETF (NYSEARCA:ECML) Short Interest Down 77.5% in May

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the recipient of a significant decrease in short interest during the month of 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. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Euclidean Fundamental Value ETF Stock Up 1.4%

Euclidean Fundamental Value ETF stock traded up $0.52 during mid-day trading on Thursday, reaching $38.91. 110 shares of the company’s stock traded hands, compared to its average volume of 4,529. The company has a market cap of $135.41 million, a price-to-earnings ratio of 10.21 and a beta of 0.86. The stock has a 50 day moving average of $37.74 and a two-hundred day moving average of $36.13. Euclidean Fundamental Value ETF has a 12-month low of $30.17 and a 12-month high of $38.91.

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.