Roundhill Ball Metaverse ETF (NYSEARCA:METV – Get Free Report) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 195,206 shares, a decrease of 36.0% from the September 30th total of 305,032 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average daily volume of 52,173 shares, the short-interest ratio is currently 3.7 days.
Hedge Funds Weigh In On Roundhill Ball Metaverse ETF
A number of large investors have recently bought and sold shares of METV. Independent Investors Inc. purchased a new position in shares of Roundhill Ball Metaverse ETF during the 3rd quarter worth approximately $209,000. GM Advisory Group LLC grew its holdings in shares of Roundhill Ball Metaverse ETF by 0.6% during the first quarter. GM Advisory Group LLC now owns 167,647 shares of the company’s stock worth $2,671,000 after buying an additional 1,045 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of Roundhill Ball Metaverse ETF by 75.3% in the third quarter. Farther Finance Advisors LLC now owns 1,734 shares of the company’s stock valued at $36,000 after purchasing an additional 745 shares during the period.
Roundhill Ball Metaverse ETF Trading Up 1.2%
Shares of METV traded up $0.24 during mid-day trading on Monday, hitting $20.11. 4,675 shares of the company’s stock were exchanged, compared to its average volume of 57,957. The firm has a market capitalization of $210.75 million, a P/E ratio of 26.20 and a beta of 1.44. The business’s 50 day moving average is $20.84 and its two-hundred day moving average is $18.65. Roundhill Ball Metaverse ETF has a fifty-two week low of $15.16 and a fifty-two week high of $21.86.
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.
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