ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Update

ProShares Metaverse ETF (NYSEARCA:VERS) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 614 shares, an increase of 231.9% from the June 15th total of 185 shares. Based on an average trading volume of 315 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.7% of the company’s shares are sold short.

ProShares Metaverse ETF Price Performance

Shares of ProShares Metaverse ETF stock opened at $72.13 on Wednesday. The business’s 50 day simple moving average is $75.98 and its two-hundred day simple moving average is $64.87. The stock has a market capitalization of $6.49 million, a P/E ratio of 25.65 and a beta of 1.59. ProShares Metaverse ETF has a one year low of $50.55 and a one year 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.