Roundhill Ball Metaverse ETF (NYSEARCA:METV) Stock Short Interest Report for September

Roundhill Ball Metaverse ETF (NYSEARCA:METV) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 305,032 shares, a growth of 116.4% from the September 15th total of 140,985 shares. Currently, 2.8% of the shares of the stock are short sold. Based on an average daily volume of 50,493 shares, the days-to-cover ratio is currently 6.0 days.

Institutional Investors Weigh In On Roundhill Ball Metaverse ETF

An institutional investor recently raised its stake in Roundhill Ball Metaverse ETF stock. Farther Finance Advisors LLC grew its stake in Roundhill Ball Metaverse ETF (NYSEARCA:METV) by 75.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,734 shares of the company’s stock after purchasing an additional 745 shares during the period. Farther Finance Advisors LLC’s holdings in Roundhill Ball Metaverse ETF were worth $36,000 at the end of the most recent reporting period.

Roundhill Ball Metaverse ETF Trading Up 0.5%

METV traded up $0.10 during trading on Tuesday, hitting $21.64. 8,295 shares of the company traded hands, compared to its average volume of 59,853. The company has a market cap of $233.77 million, a PE ratio of 26.20 and a beta of 1.44. The stock’s 50-day simple moving average is $20.33 and its two-hundred day simple moving average is $18.90. Roundhill Ball Metaverse ETF has a 1 year low of $15.16 and a 1 year high of $21.86.

About Roundhill Ball Metaverse ETF

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.