Roundhill Ball Metaverse ETF (NYSEARCA:METV) Short Interest Update
by Kim Johansen · The Markets DailyRoundhill Ball Metaverse ETF (NYSEARCA:METV – Get Free Report) saw 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. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 41,070 shares, the short-interest ratio is presently 0.5 days.
Roundhill Ball Metaverse ETF Trading Down 0.7%
NYSEARCA:METV traded down $0.14 during midday trading on Monday, hitting $19.19. 22,267 shares of the stock were exchanged, compared to its average volume of 59,795. Roundhill Ball Metaverse ETF has a one year low of $15.16 and a one year high of $21.41. The company has a market capitalization of $219.34 million, a price-to-earnings ratio of 26.20 and a beta of 1.43. The business has a 50-day moving average price of $18.65 and a two-hundred day moving average price of $17.81.
Institutional Trading of Roundhill Ball Metaverse ETF
Several institutional investors and hedge funds have recently bought and sold shares of METV. GM Advisory Group LLC boosted its holdings in shares of Roundhill Ball Metaverse ETF by 1.6% in the fourth quarter. GM Advisory Group LLC now owns 166,602 shares of the company’s stock worth $3,129,000 after buying an additional 2,650 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Roundhill Ball Metaverse ETF by 2,778.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock valued at $335,000 after acquiring an additional 15,698 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Roundhill Ball Metaverse ETF in the 2nd 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. METV was launched on Jun 30, 2021 and is managed by Roundhill.