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

Roundhill Ball Metaverse ETF (NYSEARCA:METV) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 14,903 shares, a decrease of 84.9% from the April 15th total of 98,570 shares. Based on an average trading volume of 39,418 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Roundhill Ball Metaverse ETF

A number of hedge funds have recently bought and sold shares of METV. Marshall Wace LLP purchased a new stake in shares of Roundhill Ball Metaverse ETF during the 2nd quarter worth $244,000. Q3 Asset Management purchased a new stake in shares of Roundhill Ball Metaverse ETF during the 3rd quarter worth $1,045,000. Leavell Investment Management Inc. lifted its position in shares of Roundhill Ball Metaverse ETF by 35.2% during the 3rd quarter. Leavell Investment Management Inc. now owns 195,568 shares of the company’s stock worth $4,029,000 after purchasing an additional 50,868 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Roundhill Ball Metaverse ETF by 2,778.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock worth $335,000 after purchasing an additional 15,698 shares during the last quarter. Finally, GM Advisory Group LLC increased its holdings 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 valued at $3,129,000 after acquiring an additional 2,650 shares during the last quarter.

Roundhill Ball Metaverse ETF Price Performance

Shares of METV stock traded up $0.09 during trading on Thursday, hitting $19.00. 34,641 shares of the stock traded hands, compared to its average volume of 68,006. The firm has a market capitalization of $244.72 million, a P/E ratio of 26.20 and a beta of 1.42. The firm’s fifty day moving average price is $17.01 and its 200-day moving average price is $18.11. Roundhill Ball Metaverse ETF has a 52-week low of $15.16 and a 52-week high of $21.41.

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.