Short Interest in Euclidean Fundamental Value ETF (NYSEARCA:ECML) Decreases By 77.5%

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the target of a significant 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 0.2 days.

Euclidean Fundamental Value ETF Price Performance

NYSEARCA:ECML traded up $0.26 during trading hours on Friday, hitting $39.17. The company’s stock had a trading volume of 104 shares, compared to its average volume of 4,489. The stock has a fifty day simple moving average of $37.80 and a 200-day simple moving average of $36.15. The company has a market capitalization of $136.31 million, a P/E ratio of 10.21 and a beta of 0.86. Euclidean Fundamental Value ETF has a twelve month low of $30.17 and a twelve month high of $39.26.

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.