ProShares Metaverse ETF (NYSEARCA:VERS – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 55 shares, a drop of 93.8% from the August 15th total of 892 shares. Based on an average daily volume of 171 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.
ProShares Metaverse ETF Stock Up 2.0%
Shares of ProShares Metaverse ETF stock traded up $1.40 on Friday, reaching $72.67. 409 shares of the stock were exchanged, compared to its average volume of 321. ProShares Metaverse ETF has a twelve month low of $50.55 and a twelve month high of $84.91. The firm has a market capitalization of $6.54 million, a price-to-earnings ratio of 25.65 and a beta of 1.60. The business has a 50 day moving average price of $70.90 and a two-hundred day moving average price of $67.94.
About ProShares Metaverse ETF
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.
See Also
- Five stocks we like better than ProShares Metaverse ETF
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for ProShares Metaverse ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Metaverse ETF and related companies with MarketBeat.com's FREE daily email newsletter.
