Short Interest in ProShares Metaverse ETF (NYSEARCA:VERS) Declines By 68.5%

ProShares Metaverse ETF (NYSEARCA:VERS) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 207 shares, a decrease of 68.5% from the January 29th total of 658 shares. Based on an average daily trading volume, of 246 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 246 shares, the short-interest ratio is currently 0.8 days.

ProShares Metaverse ETF Price Performance

Shares of NYSEARCA VERS traded down $1.04 during mid-day trading on Friday, reaching $56.15. 152 shares of the company’s stock traded hands, compared to its average volume of 183. The stock has a market cap of $5.05 million, a P/E ratio of 25.65 and a beta of 1.44. The business has a 50-day simple moving average of $60.01 and a 200 day simple moving average of $60.35. ProShares Metaverse ETF has a 1-year low of $38.98 and a 1-year high of $66.05.

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.