ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Down 49.4% in January

ProShares Metaverse ETF (NYSEARCA:VERS) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 207 shares, a decline of 49.4% from the December 31st total of 409 shares. Based on an average daily trading volume, of 86 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 86 shares, the days-to-cover ratio is presently 2.4 days.

ProShares Metaverse ETF Price Performance

ProShares Metaverse ETF stock traded down $1.86 during mid-day trading on Friday, hitting $59.09. The company’s stock had a trading volume of 184 shares, compared to its average volume of 184. The company has a market cap of $5.32 million, a PE ratio of 25.65 and a beta of 1.44. The firm’s 50 day moving average is $61.89 and its 200 day moving average is $60.16. ProShares Metaverse ETF has a 52-week low of $38.98 and a 52-week high of $66.05.

ProShares Metaverse ETF Company Profile

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.