Short Interest in ProShares Metaverse ETF (NYSEARCA:VERS) Expands By 231.9%

ProShares Metaverse ETF (NYSEARCA:VERSGet Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 614 shares, an increase of 231.9% from the June 15th total of 185 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 315 shares, the days-to-cover ratio is presently 1.9 days.

ProShares Metaverse ETF Stock Up 0.9%

Shares of VERS traded up $0.61 during midday trading on Tuesday, hitting $72.13. The company’s stock had a trading volume of 18 shares, compared to its average volume of 303. ProShares Metaverse ETF has a one year low of $50.55 and a one year high of $84.91. The stock has a market capitalization of $6.49 million, a price-to-earnings ratio of 25.65 and a beta of 1.59. The company’s fifty day simple moving average is $75.98 and its two-hundred day simple moving average is $64.87.

ProShares Metaverse ETF Company Profile

(Get Free Report)

The ProShares Metaverse ETF (VERS) is an exchange-traded fund that is based on the Solactive Metaverse Theme index. The fund tracks a concentrated index of stocks, spanning a broad range of industries globally, that are positioned to benefit from the development and use of the Metaverse. Stocks are selected based on the amount of exposure to the related theme and weighted based on a modified equal weight strategy. VERS was launched on Mar 15, 2022 and is managed by ProShares.

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