ProShares Metaverse ETF (NYSEARCA:VERS) Shares Shorted: Short Interest Down 65.5% in September

ProShares Metaverse ETF (NYSEARCA:VERS) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 196 shares, a drop of 65.5% from the September 15th total of 568 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 569 shares, the short-interest ratio is currently 0.3 days.

ProShares Metaverse ETF Stock Performance

VERS remained flat at $71.45 during trading on Wednesday. The business’s fifty day simple moving average is $72.26 and its 200-day simple moving average is $70.81. The firm has a market capitalization of $5.00 million, a price-to-earnings ratio of 25.65 and a beta of 1.60. ProShares Metaverse ETF has a 12 month low of $50.55 and a 12 month high of $84.91.

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.