Roundhill Ball Metaverse ETF (NYSEARCA:METV) Stock Short Interest Report for October

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 195,206 shares, a drop of 36.0% from the September 30th total of 305,032 shares. Based on an average trading volume of 52,173 shares, the short-interest ratio is presently 3.7 days. Approximately 1.9% of the shares of the company are short sold.

Roundhill Ball Metaverse ETF Stock Up 1.2%

Shares of METV stock traded up $0.24 during mid-day trading on Monday, reaching $20.11. The stock had a trading volume of 4,675 shares, compared to its average volume of 57,957. The firm’s 50 day simple moving average is $20.84 and its 200 day simple moving average is $18.65. Roundhill Ball Metaverse ETF has a one year low of $15.16 and a one year high of $21.86. The firm has a market cap of $210.75 million, a PE ratio of 26.20 and a beta of 1.44.

Institutional Trading of Roundhill Ball Metaverse ETF

Several institutional investors and hedge funds have recently bought and sold shares of METV. Independent Investors Inc. acquired a new stake in shares of Roundhill Ball Metaverse ETF during the third quarter worth $209,000. Farther Finance Advisors LLC boosted its holdings in Roundhill Ball Metaverse ETF by 75.3% in the third quarter. Farther Finance Advisors LLC now owns 1,734 shares of the company’s stock valued at $36,000 after acquiring an additional 745 shares during the last quarter. Finally, GM Advisory Group LLC grew its position in shares of Roundhill Ball Metaverse ETF by 0.6% during the 1st quarter. GM Advisory Group LLC now owns 167,647 shares of the company’s stock worth $2,671,000 after buying an additional 1,045 shares during the period.

Roundhill Ball Metaverse ETF Company Profile

The Roundhill Ball Metaverse ETF (METV) is an exchange-traded fund that is based on the Ball Metaverse index. The fund is a passively-managed ETF investing in globally-listed equities spanning various industries, all relating to what it defines as a future iteration of the internet. Stocks are selected by a committee and weighted in tiers. METV was launched on Jun 30, 2021 and is managed by Roundhill.