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

Euclidean Fundamental Value ETF (NYSEARCA:ECML) saw a significant 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 trading volume of 11,453 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Euclidean Fundamental Value ETF Price Performance

Shares of Euclidean Fundamental Value ETF stock remained flat at $41.11 on Wednesday. 2,460 shares of the stock traded hands, compared to its average volume of 5,619. The firm has a 50-day moving average of $39.26 and a 200-day moving average of $37.69. The company has a market capitalization of $128.67 million, a PE ratio of 10.21 and a beta of 0.83. Euclidean Fundamental Value ETF has a 1-year low of $31.52 and a 1-year high of $41.21.

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.