ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Update

ProShares Metaverse ETF (NYSEARCA:VERS) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 185 shares, a decrease of 39.7% from the May 31st total of 307 shares. Based on an average trading volume of 629 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

ProShares Metaverse ETF Stock Down 3.5%

Shares of VERS traded down $2.67 during trading hours on Thursday, reaching $72.55. 66 shares of the company traded hands, compared to its average volume of 313. The stock has a market capitalization of $6.53 million, a PE ratio of 25.65 and a beta of 1.59. The stock has a fifty day simple moving average of $74.67 and a 200 day simple moving average of $64.13. ProShares Metaverse ETF has a fifty-two week low of $50.55 and a fifty-two week high of $84.91.

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.