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

Roundhill Ball Metaverse ETF (NYSEARCA:METV) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 195,206 shares, a decrease of 36.0% from the September 30th total of 305,032 shares. Approximately 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 52,173 shares, the days-to-cover ratio is presently 3.7 days.

Roundhill Ball Metaverse ETF Trading Up 2.0%

Shares of NYSEARCA:METV traded up $0.40 during trading on Tuesday, reaching $20.14. The company’s stock had a trading volume of 50,908 shares, compared to its average volume of 58,102. Roundhill Ball Metaverse ETF has a 12 month low of $15.16 and a 12 month high of $21.86. The firm’s 50 day simple moving average is $20.83 and its two-hundred day simple moving average is $18.65. The stock has a market capitalization of $211.12 million, a PE ratio of 26.20 and a beta of 1.44.

Hedge Funds Weigh In On Roundhill Ball Metaverse ETF

A number of institutional investors and hedge funds have recently modified their holdings of METV. Independent Investors Inc. purchased a new stake in Roundhill Ball Metaverse ETF during the 3rd quarter valued at $209,000. Farther Finance Advisors LLC lifted its position in Roundhill Ball Metaverse ETF by 75.3% in the third quarter. Farther Finance Advisors LLC now owns 1,734 shares of the company’s stock worth $36,000 after buying an additional 745 shares during the last quarter. Finally, GM Advisory Group LLC boosted its stake in Roundhill Ball Metaverse ETF by 0.6% during the first quarter. GM Advisory Group LLC now owns 167,647 shares of the company’s stock worth $2,671,000 after buying an additional 1,045 shares during the period.

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.