ProShares Metaverse ETF (NYSEARCA:VERS) Short Interest Update

ProShares Metaverse ETF (NYSEARCA:VERS) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 55 shares, a decrease of 93.8% from the August 15th total of 892 shares. Based on an average daily trading volume, of 171 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

ProShares Metaverse ETF Price Performance

VERS traded up $1.32 on Friday, hitting $72.59. The company had a trading volume of 382 shares, compared to its average volume of 320. ProShares Metaverse ETF has a 52-week low of $50.55 and a 52-week high of $84.91. The stock has a fifty day simple moving average of $70.90 and a 200-day simple moving average of $67.91. The firm has a market capitalization of $6.53 million, a P/E ratio of 25.65 and a beta of 1.60.

ProShares Metaverse ETF Company Profile

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.