ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Update

ProShares Metaverse ETF (NYSEARCA:VERS) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 55 shares, a drop of 93.8% from the August 15th total of 892 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 171 shares, the short-interest ratio is currently 0.3 days.

ProShares Metaverse ETF Price Performance

Shares of NYSEARCA VERS traded up $0.17 during mid-day trading on Thursday, reaching $71.27. 1,041 shares of the company traded hands, compared to its average volume of 320. ProShares Metaverse ETF has a fifty-two week low of $50.55 and a fifty-two week high of $84.91. The firm has a market cap of $6.41 million, a PE ratio of 25.65 and a beta of 1.60. The stock has a fifty day simple moving average of $70.90 and a 200-day simple moving average of $67.91.

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.