Euclidean Fundamental Value ETF (NYSEARCA:ECML) Sees Significant Decline in Short Interest
by Mitch Edgeman · The Markets DailyEuclidean Fundamental Value ETF (NYSEARCA:ECML – Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 72 shares, a decline of 54.4% from the August 31st total of 158 shares. Based on an average daily trading volume, of 137 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the company are sold short.
Euclidean Fundamental Value ETF Stock Performance
Shares of NYSEARCA ECML traded up $0.00 during mid-day trading on Wednesday, hitting $39.40. The stock had a trading volume of 237 shares, compared to its average volume of 4,695. The company has a 50 day moving average of $41.06 and a two-hundred day moving average of $38.93. Euclidean Fundamental Value ETF has a twelve month low of $31.80 and a twelve month high of $42.43. The firm has a market cap of $122.54 million, a PE ratio of 10.21 and a beta of 0.83.
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.
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