Roundhill Ball Metaverse ETF (NYSEARCA:METV) Short Interest Update

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 22,104 shares, a growth of 104.7% from the November 30th total of 10,798 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 62,396 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 62,396 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Roundhill Ball Metaverse ETF Stock Performance

METV traded up $0.04 during trading on Friday, reaching $18.91. The company had a trading volume of 192,648 shares, compared to its average volume of 147,004. The firm’s 50-day simple moving average is $19.55 and its 200 day simple moving average is $19.06. The company has a market cap of $295.37 million, a price-to-earnings ratio of 26.20 and a beta of 1.43. Roundhill Ball Metaverse ETF has a 12-month low of $11.43 and a 12-month high of $21.41.

Institutional Trading of Roundhill Ball Metaverse ETF

Large investors have recently added to or reduced their stakes in the company. Marshall Wace LLP bought a new stake in shares of Roundhill Ball Metaverse ETF in the 2nd quarter valued at approximately $244,000. JPMorgan Chase & Co. lifted its stake in Roundhill Ball Metaverse ETF by 2,778.4% in the third 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. Q3 Asset Management acquired a new position in shares of Roundhill Ball Metaverse ETF during the 3rd quarter worth $1,045,000. Leavell Investment Management Inc. increased its stake in shares of Roundhill Ball Metaverse ETF by 35.2% during the 3rd quarter. Leavell Investment Management Inc. now owns 195,568 shares of the company’s stock worth $4,029,000 after purchasing an additional 50,868 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new position in Roundhill Ball Metaverse ETF during the first quarter valued at about $880,000.

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.