Roundhill Ball Metaverse ETF (NYSEARCA:METV) Short Interest Update

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 85,495 shares, a decline of 52.7% from the February 12th total of 180,924 shares. Based on an average daily trading volume, of 57,567 shares, the short-interest ratio is currently 1.5 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 57,567 shares, the short-interest ratio is currently 1.5 days.

Roundhill Ball Metaverse ETF Price Performance

Shares of NYSEARCA:METV traded down $0.02 during trading on Friday, reaching $16.20. 87,997 shares of the company’s stock traded hands, compared to its average volume of 75,839. The stock has a market capitalization of $230.85 million, a P/E ratio of 26.20 and a beta of 1.43. Roundhill Ball Metaverse ETF has a 12 month low of $11.43 and a 12 month high of $21.41. The company has a 50 day moving average of $17.66 and a 200-day moving average of $19.06.

Institutional Trading of Roundhill Ball Metaverse ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. GM Advisory Group LLC lifted its holdings in shares of Roundhill Ball Metaverse ETF by 1.6% in the 4th quarter. GM Advisory Group LLC now owns 166,602 shares of the company’s stock worth $3,129,000 after purchasing an additional 2,650 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Roundhill Ball Metaverse ETF by 2,778.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock worth $335,000 after buying an additional 15,698 shares during the last quarter. Leavell Investment Management Inc. increased its position in Roundhill Ball Metaverse ETF by 35.2% in the third quarter. Leavell Investment Management Inc. now owns 195,568 shares of the company’s stock worth $4,029,000 after buying an additional 50,868 shares during the period. Q3 Asset Management acquired a new stake in Roundhill Ball Metaverse ETF in the third quarter worth $1,045,000. Finally, Marshall Wace LLP bought a new stake in Roundhill Ball Metaverse ETF in the second quarter valued at $244,000.

About Roundhill Ball Metaverse ETF

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.