Roundhill Ball Metaverse ETF (NYSEARCA:METV) Short Interest Update

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 20,874 shares, a decrease of 47.2% from the July 15th total of 39,517 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 41,070 shares, the days-to-cover ratio is presently 0.5 days.

Roundhill Ball Metaverse ETF Stock Performance

Shares of Roundhill Ball Metaverse ETF stock traded up $0.05 during trading on Friday, hitting $19.33. The company’s stock had a trading volume of 17,806 shares, compared to its average volume of 60,037. The company has a fifty day simple moving average of $18.63 and a two-hundred day simple moving average of $17.81. The company has a market capitalization of $220.94 million, a PE ratio of 26.20 and a beta of 1.43. Roundhill Ball Metaverse ETF has a 52 week low of $15.16 and a 52 week high of $21.41.

Institutional Investors Weigh In On Roundhill Ball Metaverse ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its stake in shares of Roundhill Ball Metaverse ETF by 2,778.4% during the third quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock valued at $335,000 after purchasing an additional 15,698 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Roundhill Ball Metaverse ETF in the 2nd quarter worth approximately $244,000. Finally, GM Advisory Group LLC boosted its position in shares of Roundhill Ball Metaverse ETF by 1.6% in the 4th quarter. GM Advisory Group LLC now owns 166,602 shares of the company’s stock worth $3,129,000 after purchasing an additional 2,650 shares in the last quarter.

Roundhill Ball Metaverse ETF Company Profile

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.