Short Interest in ProShares Metaverse ETF (NYSEARCA:VERS) Declines By 68.5%

ProShares Metaverse ETF (NYSEARCA:VERS) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 207 shares, a decline of 68.5% from the January 29th total of 658 shares. Based on an average trading volume of 246 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 246 shares, the days-to-cover ratio is presently 0.8 days.

ProShares Metaverse ETF Trading Down 1.8%

NYSEARCA VERS traded down $1.04 during trading on Friday, hitting $56.15. The company had a trading volume of 152 shares, compared to its average volume of 183. The company’s fifty day moving average is $60.01 and its 200-day moving average is $60.35. The company has a market cap of $5.05 million, a price-to-earnings ratio of 25.65 and a beta of 1.44. ProShares Metaverse ETF has a one year low of $38.98 and a one year high of $66.05.

About ProShares Metaverse ETF

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.