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

Euclidean Fundamental Value ETF (NYSEARCA:ECML) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 30 shares, a growth of 2,900.0% from the September 30th total of 1 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,027 shares, the days-to-cover ratio is currently 0.0 days.

Euclidean Fundamental Value ETF Trading Up 0.2%

ECML stock traded up $0.08 during midday trading on Monday, hitting $40.35. The stock had a trading volume of 9 shares, compared to its average volume of 4,451. The firm has a market capitalization of $124.28 million, a price-to-earnings ratio of 10.21 and a beta of 0.86. Euclidean Fundamental Value ETF has a 52 week low of $31.80 and a 52 week high of $42.43. The stock has a 50-day simple moving average of $40.95 and a 200 day simple moving average of $38.40.

Hedge Funds Weigh In On Euclidean Fundamental Value ETF

A hedge fund recently bought a new stake in Euclidean Fundamental Value ETF stock. Middleton & Co. Inc. MA acquired a new position in shares of Euclidean Fundamental Value ETF (NYSEARCA:ECML) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,000 shares of the company’s stock, valued at approximately $432,000. Middleton & Co. Inc. MA owned 0.36% of Euclidean Fundamental Value ETF as of its most recent filing with the Securities and Exchange Commission.

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.