Short Interest in Roundhill Ball Metaverse ETF (NYSEARCA:METV) Declines By 52.6%

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 11,163 shares, a decline of 52.6% from the December 31st total of 23,549 shares. Based on an average trading volume of 58,153 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 58,153 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Marshall Wace LLP acquired a new position in shares of Roundhill Ball Metaverse ETF in the second quarter valued at approximately $244,000. JPMorgan Chase & Co. lifted its position in Roundhill Ball Metaverse ETF by 2,778.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock valued at $335,000 after acquiring an additional 15,698 shares in the last quarter. Q3 Asset Management acquired a new position in Roundhill Ball Metaverse ETF in the 3rd quarter worth $1,045,000. Finally, Leavell Investment Management Inc. acquired a new position in Roundhill Ball Metaverse ETF in the 2nd quarter worth $2,464,000.

Roundhill Ball Metaverse ETF Price Performance

NYSEARCA METV opened at $19.03 on Thursday. Roundhill Ball Metaverse ETF has a one year low of $11.43 and a one year high of $21.41. The firm has a market cap of $271.18 million, a P/E ratio of 26.20 and a beta of 1.43. The stock’s 50-day moving average is $19.09 and its 200-day moving average is $19.45.

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.