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

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 145,700 shares, a growth of 40.9% from the September 30th total of 103,400 shares. Based on an average daily trading volume, of 143,100 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.9% of the company’s stock are sold short. Currently, 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 143,100 shares, the days-to-cover ratio is presently 1.0 days.

Roundhill Ball Metaverse ETF Trading Down 3.1%

METV opened at $19.82 on Wednesday. Roundhill Ball Metaverse ETF has a 12-month low of $11.43 and a 12-month high of $21.41. The business’s fifty day simple moving average is $20.37 and its 200-day simple moving average is $17.93. The company has a market capitalization of $309.79 million, a price-to-earnings ratio of 26.20 and a beta of 1.43.

Hedge Funds Weigh In On Roundhill Ball Metaverse ETF

A number of hedge funds and other institutional investors have recently modified their holdings of METV. Flow Traders U.S. LLC boosted its stake in shares of Roundhill Ball Metaverse ETF by 271.1% during the first quarter. Flow Traders U.S. LLC now owns 276,684 shares of the company’s stock valued at $3,732,000 after purchasing an additional 202,126 shares in the last quarter. Leavell Investment Management Inc. bought a new position in shares of Roundhill Ball Metaverse ETF during the second quarter valued at approximately $2,464,000. OLD Mission Capital LLC bought a new position in shares of Roundhill Ball Metaverse ETF during the first quarter valued at approximately $880,000. Q3 Asset Management bought a new position in shares of Roundhill Ball Metaverse ETF during the third quarter valued at approximately $1,045,000. Finally, Marshall Wace LLP bought a new position in shares of Roundhill Ball Metaverse ETF during the second quarter valued at approximately $244,000.

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.