ProShares Metaverse ETF (NYSEARCA:VERS) Stock Short Interest Rises 932.7%

ProShares Metaverse ETF (NYSEARCA:VERS) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 568 shares, a growth of 932.7% from the August 31st total of 55 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 583 shares, the short-interest ratio is currently 1.0 days.

ProShares Metaverse ETF Trading Down 0.7%

Shares of ProShares Metaverse ETF stock traded down $0.52 during trading on Thursday, hitting $74.07. The stock had a trading volume of 28 shares, compared to its average volume of 325. ProShares Metaverse ETF has a 12 month low of $50.55 and a 12 month high of $84.91. The firm has a market cap of $5.18 million, a price-to-earnings ratio of 25.65 and a beta of 1.60. The business’s 50-day moving average is $71.09 and its 200 day moving average is $69.10.

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.