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

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

Euclidean Fundamental Value ETF Trading Down 0.9%

Shares of NYSEARCA ECML traded down $0.36 during midday trading on Monday, reaching $39.57. 122 shares of the stock were exchanged, compared to its average volume of 4,720. The stock has a 50 day moving average price of $41.06 and a 200-day moving average price of $38.87. The company has a market capitalization of $123.06 million, a P/E 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 $42.43.

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.