ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Down 39.7% in June

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

ProShares Metaverse ETF Stock Up 1.6%

NYSEARCA:VERS traded up $1.22 during trading hours on Wednesday, reaching $75.23. The company had a trading volume of 36 shares, compared to its average volume of 317. The stock has a 50-day moving average of $74.43 and a two-hundred day moving average of $64.05. ProShares Metaverse ETF has a one year low of $50.55 and a one year high of $84.91. The firm has a market capitalization of $6.77 million, a PE ratio of 25.65 and a beta of 1.59.

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.