ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Update

ProShares Metaverse ETF (NYSEARCA:VERS) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 64 shares, a drop of 89.6% from the July 15th total of 613 shares. Based on an average daily trading volume, of 232 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

ProShares Metaverse ETF Stock Performance

VERS stock traded up $1.31 during mid-day trading on Wednesday, hitting $74.67. The company had a trading volume of 144 shares, compared to its average volume of 306. The firm has a market cap of $6.72 million, a PE ratio of 25.65 and a beta of 1.60. ProShares Metaverse ETF has a 12 month low of $50.55 and a 12 month high of $84.91. The stock’s fifty day moving average price is $73.20 and its two-hundred day moving average price is $65.90.

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.