ProShares Metaverse ETF (NYSEARCA:VERS) Shares Shorted: Short Interest Down 65.5% in September

ProShares Metaverse ETF (NYSEARCA:VERS – Get Free Report) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 196 shares, a drop of 65.5% from the September 15th total of 568 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 569 shares, the days-to-cover ratio is presently 0.3 days.

ProShares Metaverse ETF Stock Down 1.3%

ProShares Metaverse ETF stock traded down $0.98 during trading on Monday, reaching $71.63. The stock had a trading volume of 551 shares, compared to its average volume of 357. The business has a 50 day moving average price of $72.26 and a 200 day moving average price of $70.56. The stock has a market cap of $5.01 million, a PE ratio of 25.65 and a beta of 1.60. ProShares Metaverse ETF has a 52-week low of $50.55 and a 52-week high of $84.91.

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About ProShares Metaverse ETF

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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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