Roundhill Ball Metaverse ETF (NYSEARCA:METV) Stock Short Interest Report for October

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 95,629 shares, a drop of 51.0% from the October 15th total of 195,206 shares. Based on an average daily volume of 36,104 shares, the short-interest ratio is presently 2.6 days. Approximately 0.9% of the shares of the stock are short sold.

Institutional Investors Weigh In On Roundhill Ball Metaverse ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Harbour Investments Inc. bought a new position in Roundhill Ball Metaverse ETF in the 3rd quarter worth about $1,181,000. Independent Investors Inc. bought a new stake in shares of Roundhill Ball Metaverse ETF during the 3rd quarter valued at about $209,000. Finally, Farther Finance Advisors LLC boosted its position in shares of Roundhill Ball Metaverse ETF by 75.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,734 shares of the company’s stock valued at $36,000 after acquiring an additional 745 shares during the last quarter.

Roundhill Ball Metaverse ETF Trading Down 0.3%

Shares of METV traded down $0.06 during mid-day trading on Friday, reaching $20.81. 25,613 shares of the stock traded hands, compared to its average volume of 57,484. The firm has a fifty day moving average price of $20.96 and a 200 day moving average price of $18.74. The company has a market cap of $218.09 million, a price-to-earnings ratio of 17.81 and a beta of 1.45. Roundhill Ball Metaverse ETF has a 1 year low of $15.16 and a 1 year high of $21.86.

Roundhill Ball Metaverse ETF Company Profile

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.