Roundhill Ball Metaverse ETF (NYSEARCA:METV – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 182,249 shares, an increase of 860.4% from the August 15th total of 18,976 shares. Currently, 1.6% of the shares of the company are sold short. Based on an average trading volume of 77,372 shares, the short-interest ratio is presently 2.4 days.
Roundhill Ball Metaverse ETF Stock Performance
Shares of METV traded down $0.12 during trading hours on Thursday, hitting $20.16. The stock had a trading volume of 75,896 shares, compared to its average volume of 59,895. The firm has a 50-day moving average price of $19.33 and a 200 day moving average price of $18.18. Roundhill Ball Metaverse ETF has a fifty-two week low of $15.16 and a fifty-two week high of $21.41. The firm has a market capitalization of $230.43 million, a price-to-earnings ratio of 26.20 and a beta of 1.44.
Institutional Trading of Roundhill Ball Metaverse ETF
Institutional investors and hedge funds have recently made changes to their positions in the business. Marshall Wace LLP acquired a new position in shares of Roundhill Ball Metaverse ETF during the 2nd quarter worth approximately $244,000. JPMorgan Chase & Co. increased its holdings in 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 worth $335,000 after acquiring an additional 15,698 shares in the last quarter. Finally, 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 worth $2,671,000 after acquiring an additional 1,045 shares during the period.
About Roundhill Ball Metaverse ETF
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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