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

Euclidean Fundamental Value ETF (NYSEARCA:ECML) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 68 shares, a decrease of 84.9% from the July 15th total of 451 shares. Based on an average daily trading volume, of 11,453 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Euclidean Fundamental Value ETF Stock Performance

Shares of Euclidean Fundamental Value ETF stock traded up $0.19 during trading on Thursday, hitting $41.54. 115 shares of the company’s stock were exchanged, compared to its average volume of 5,547. The business has a 50-day simple moving average of $39.38 and a 200-day simple moving average of $37.77. The stock has a market capitalization of $130.02 million, a price-to-earnings ratio of 10.21 and a beta of 0.83. Euclidean Fundamental Value ETF has a 52-week low of $31.80 and a 52-week high of $41.55.

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.