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

Euclidean Fundamental Value ETF (NYSEARCA:ECML) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 99 shares, a drop of 77.5% from the May 14th total of 440 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 500 shares, the short-interest ratio is presently 0.2 days.

Euclidean Fundamental Value ETF Price Performance

ECML stock opened at $38.71 on Wednesday. The firm has a market capitalization of $134.71 million, a P/E ratio of 10.21 and a beta of 0.86. The business’s 50-day moving average is $37.64 and its two-hundred day moving average is $36.04. Euclidean Fundamental Value ETF has a 1 year low of $30.17 and a 1 year high of $38.71.

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.