Short Interest in ProShares Metaverse ETF (NYSEARCA:VERS) Increases By 217.9%

ProShares Metaverse ETF (NYSEARCA:VERS) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 658 shares, an increase of 217.9% from the January 15th total of 207 shares. Based on an average trading volume of 276 shares, the short-interest ratio is presently 2.4 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 276 shares, the short-interest ratio is presently 2.4 days.

ProShares Metaverse ETF Trading Down 0.3%

ProShares Metaverse ETF stock traded down $0.17 during midday trading on Friday, reaching $55.40. 134 shares of the stock traded hands, compared to its average volume of 201. ProShares Metaverse ETF has a fifty-two week low of $38.98 and a fifty-two week high of $66.05. The firm has a market cap of $4.99 million, a price-to-earnings ratio of 25.65 and a beta of 1.44. The firm has a fifty day moving average price of $61.16 and a two-hundred day moving average price of $60.25.

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.