Euclidean Fundamental Value ETF (NYSEARCA:ECML) Sees Significant Increase in Short Interest

Euclidean Fundamental Value ETF (NYSEARCA:ECML) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 265 shares, an increase of 289.7% from the July 30th total of 68 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 845 shares, the days-to-cover ratio is presently 0.3 days.

Euclidean Fundamental Value ETF Stock Down 0.1%

Shares of ECML stock opened at $42.07 on Friday. Euclidean Fundamental Value ETF has a 12-month low of $31.80 and a 12-month high of $42.43. The firm has a fifty day moving average of $40.15 and a 200-day moving average of $38.24. The firm has a market capitalization of $131.68 million, a price-to-earnings 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.