ProShares Metaverse ETF (NYSEARCA:VERS) Sees Significant Decrease in Short Interest

ProShares Metaverse ETF (NYSEARCA:VERS) saw a large decrease in short interest in March. As of March 31st, there was short interest totaling 204 shares, a decrease of 64.7% from the March 15th total of 578 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 254 shares, the days-to-cover ratio is presently 0.8 days.

ProShares Metaverse ETF Trading Down 0.0%

ProShares Metaverse ETF stock traded down $0.01 during midday trading on Friday, hitting $56.79. The stock had a trading volume of 62 shares, compared to its average volume of 202. The firm’s fifty day moving average is $55.50 and its two-hundred day moving average is $59.77. The company has a market capitalization of $5.11 million, a PE ratio of 25.65 and a beta of 1.43. ProShares Metaverse ETF has a 52-week low of $41.76 and a 52-week high of $66.05.

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.