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

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 180,924 shares, an increase of 1,881.9% from the January 29th total of 9,129 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average daily volume of 130,388 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 130,388 shares, the short-interest ratio is presently 1.4 days. Approximately 1.3% of the company’s stock are sold short.

Institutional Trading of Roundhill Ball Metaverse ETF

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

Roundhill Ball Metaverse ETF Stock Performance

Shares of NYSEARCA:METV traded up $0.35 during midday trading on Wednesday, reaching $16.99. 79,316 shares of the company’s stock traded hands, compared to its average volume of 82,957. Roundhill Ball Metaverse ETF has a one year low of $11.43 and a one year high of $21.41. The company has a market cap of $242.11 million, a price-to-earnings ratio of 26.20 and a beta of 1.43. The stock has a 50 day moving average of $18.22 and a 200 day moving average of $19.27.

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.