Short Interest in ProShares Metaverse ETF (NYSEARCA:VERS) Decreases By 89.6%

ProShares Metaverse ETF (NYSEARCA:VERS) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 64 shares, a decrease of 89.6% from the July 15th total of 613 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 232 shares, the days-to-cover ratio is presently 0.3 days.

ProShares Metaverse ETF Stock Up 0.8%

VERS traded up $0.62 on Thursday, hitting $74.00. The company’s stock had a trading volume of 1,118 shares, compared to its average volume of 311. The company’s 50 day simple moving average is $72.99 and its 200-day simple moving average is $65.97. The firm has a market cap of $6.66 million, a P/E ratio of 25.65 and a beta of 1.60. ProShares Metaverse ETF has a 12 month low of $50.55 and a 12 month high of $84.91.

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.