ProShares Metaverse ETF (NYSEARCA:VERS) Stock Short Interest Rises 932.7%

ProShares Metaverse ETF (NYSEARCA:VERS) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 568 shares, an increase of 932.7% from the August 31st total of 55 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 583 shares, the short-interest ratio is presently 1.0 days.

ProShares Metaverse ETF Stock Performance

ProShares Metaverse ETF stock traded down $0.52 during mid-day trading on Thursday, hitting $74.07. 28 shares of the company traded hands, compared to its average volume of 325. ProShares Metaverse ETF has a one year low of $50.55 and a one year high of $84.91. The stock has a market cap of $5.18 million, a price-to-earnings ratio of 25.65 and a beta of 1.60. The stock has a fifty day moving average price of $71.09 and a 200-day moving average price of $69.10.

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.