ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Up 1,293.8% in August

ProShares Metaverse ETF (NYSEARCA:VERS) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 892 shares, a growth of 1,293.8% from the July 30th total of 64 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 589 shares, the short-interest ratio is currently 1.5 days.

ProShares Metaverse ETF Price Performance

Shares of NYSEARCA:VERS remained flat at $70.65 on Wednesday. The stock had a trading volume of 216 shares, compared to its average volume of 308. ProShares Metaverse ETF has a one year low of $50.55 and a one year high of $84.91. The firm has a fifty day simple moving average of $72.02 and a 200 day simple moving average of $66.72. The stock has a market cap of $6.36 million, a PE ratio of 25.65 and a beta of 1.60.

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.