Short Interest in ProShares Metaverse ETF (NYSEARCA:VERS) Expands By 88.5%

ProShares Metaverse ETF (NYSEARCA:VERS) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 409 shares, a growth of 88.5% from the December 15th total of 217 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 266 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 266 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.4% of the shares of the stock are short sold.

ProShares Metaverse ETF Price Performance

ProShares Metaverse ETF stock traded up $0.59 during mid-day trading on Thursday, hitting $63.13. The company’s stock had a trading volume of 214 shares, compared to its average volume of 110. The business has a 50 day moving average price of $61.50 and a 200-day moving average price of $59.51. ProShares Metaverse ETF has a 12 month low of $38.98 and a 12 month high of $66.05. The stock has a market cap of $6.31 million, a price-to-earnings ratio of 25.65 and a beta of 1.44.

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.