ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Up 136.2% in February

ProShares Metaverse ETF (NYSEARCA:VERS) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 489 shares, an increase of 136.2% from the February 12th total of 207 shares. Based on an average daily trading volume, of 126 shares, the days-to-cover ratio is presently 3.9 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 126 shares, the days-to-cover ratio is presently 3.9 days.

ProShares Metaverse ETF Stock Performance

Shares of VERS opened at $55.96 on Thursday. The firm has a market capitalization of $5.04 million, a price-to-earnings ratio of 25.65 and a beta of 1.44. ProShares Metaverse ETF has a 52 week low of $38.98 and a 52 week high of $66.05. The business’s fifty day moving average price is $59.06 and its two-hundred day moving average price is $60.41.

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.