ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Update

ProShares Metaverse ETF (NYSEARCA:VERS) was the recipient of a large drop in short interest in the month of 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. Based on an average trading volume of 171 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

ProShares Metaverse ETF Stock Up 0.2%

ProShares Metaverse ETF stock traded up $0.17 during mid-day trading on Thursday, hitting $71.27. 1,041 shares of the company’s stock traded hands, compared to its average volume of 320. ProShares Metaverse ETF has a one year low of $50.55 and a one year high of $84.91. The firm has a 50 day moving average price of $70.90 and a 200 day moving average price of $67.91. The company has a market cap of $6.41 million, a PE ratio of 25.65 and a beta of 1.60.

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.