Roundhill Ball Metaverse ETF (NYSEARCA:METV – Get Free Report) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 95,069 shares, a growth of 304.4% from the May 31st total of 23,511 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 53,272 shares, the days-to-cover ratio is presently 1.8 days.
Institutional Trading of Roundhill Ball Metaverse ETF
A number of large investors have recently made changes to their positions in METV. JPMorgan Chase & Co. lifted its holdings in shares of Roundhill Ball Metaverse ETF by 2,778.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock valued at $335,000 after acquiring an additional 15,698 shares during the last quarter. GM Advisory Group LLC raised its position in Roundhill Ball Metaverse ETF by 0.6% during the first quarter. GM Advisory Group LLC now owns 167,647 shares of the company’s stock valued at $2,671,000 after purchasing an additional 1,045 shares during the period. Finally, Marshall Wace LLP bought a new stake in shares of Roundhill Ball Metaverse ETF in the 2nd quarter valued at approximately $244,000.
Roundhill Ball Metaverse ETF Trading Up 1.2%
METV traded up $0.21 during trading hours on Monday, hitting $17.89. The company’s stock had a trading volume of 17,195 shares, compared to its average volume of 64,745. The business’s 50-day moving average price is $18.41 and its 200-day moving average price is $17.86. Roundhill Ball Metaverse ETF has a 12 month low of $15.16 and a 12 month high of $21.41. The stock has a market cap of $230.42 million, a price-to-earnings ratio of 26.20 and a beta of 1.42.
Roundhill Ball Metaverse ETF Company Profile
The Roundhill Ball Metaverse ETF (METV) is an exchange-traded fund that is based on the Ball Metaverse index. The fund is a passively-managed ETF investing in globally-listed equities spanning various industries, all relating to what it defines as a future iteration of the internet. Stocks are selected by a committee and weighted in tiers. METV was launched on Jun 30, 2021 and is managed by Roundhill.
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