Short Interest in Euclidean Fundamental Value ETF (NYSEARCA:ECML) Decreases By 80.7%

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 440 shares, a drop of 80.7% from the April 30th total of 2,281 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 569 shares, the short-interest ratio is currently 0.8 days.

Euclidean Fundamental Value ETF Trading Down 0.7%

Shares of Euclidean Fundamental Value ETF stock traded down $0.27 during trading on Friday, hitting $37.51. 803 shares of the stock traded hands, compared to its average volume of 4,317. The firm has a market cap of $130.53 million, a P/E ratio of 10.21 and a beta of 0.90. Euclidean Fundamental Value ETF has a 52-week low of $30.10 and a 52-week high of $38.32. The stock’s fifty day simple moving average is $37.27 and its 200 day simple moving average is $35.73.

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.