Roundhill Ball Metaverse ETF (NYSEARCA:METV) Short Interest Down 18.2% in January

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 9,129 shares, a decline of 18.2% from the January 15th total of 11,163 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 77,555 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 77,555 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Roundhill Ball Metaverse ETF Stock Performance

METV stock traded up $0.19 during midday trading on Monday, hitting $16.58. 193,513 shares of the stock were exchanged, compared to its average volume of 88,650. The stock’s 50-day moving average price is $18.57 and its 200-day moving average price is $19.35. The stock has a market cap of $236.27 million, a price-to-earnings ratio of 26.20 and a beta of 1.43. Roundhill Ball Metaverse ETF has a fifty-two week low of $11.43 and a fifty-two week high of $21.41.

Institutional Investors Weigh In On Roundhill Ball Metaverse ETF

Several institutional investors and hedge funds have recently made changes to their positions in METV. Marshall Wace LLP acquired a new stake in Roundhill Ball Metaverse ETF in the 2nd quarter valued at about $244,000. JPMorgan Chase & Co. lifted its holdings in shares of Roundhill Ball Metaverse ETF by 2,778.4% in the third quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock valued at $335,000 after purchasing an additional 15,698 shares in the last quarter. Q3 Asset Management acquired a new stake in shares of Roundhill Ball Metaverse ETF in the third quarter valued at approximately $1,045,000. Leavell Investment Management Inc. purchased a new position in shares of Roundhill Ball Metaverse ETF during the 2nd quarter worth approximately $2,464,000. Finally, GM Advisory Group LLC increased its stake in shares of Roundhill Ball Metaverse ETF by 1.6% during the 4th quarter. GM Advisory Group LLC now owns 166,602 shares of the company’s stock worth $3,129,000 after purchasing an additional 2,650 shares in the last quarter.

About Roundhill Ball Metaverse ETF

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.