Euclidean Fundamental Value ETF (NYSEARCA:ECML) Short Interest Down 40.4% in August

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 158 shares, a decrease of 40.4% from the August 15th total of 265 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,390 shares, the short-interest ratio is presently 0.1 days.

Euclidean Fundamental Value ETF Stock Performance

Euclidean Fundamental Value ETF stock traded down $0.29 during midday trading on Wednesday, hitting $41.16. 56 shares of the company’s stock were exchanged, compared to its average volume of 4,926. The stock has a market cap of $164.60 million, a price-to-earnings ratio of 10.21 and a beta of 0.83. Euclidean Fundamental Value ETF has a 12-month low of $31.80 and a 12-month high of $42.43. The firm’s 50 day simple moving average is $40.86 and its 200 day simple moving average is $38.65.

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.