iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Short Interest Update

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 94 shares, a decline of 72.7% from the June 15th total of 344 shares. Based on an average trading volume of 60 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.0% of the shares of the stock are short sold.

iShares Future Metaverse Tech and Communications ETF Stock Performance

Shares of IVRS traded up $0.11 during mid-day trading on Friday, hitting $32.48. 54 shares of the stock were exchanged, compared to its average volume of 737. The firm has a 50-day moving average of $32.24 and a two-hundred day moving average of $32.00. iShares Future Metaverse Tech and Communications ETF has a 52-week low of $27.43 and a 52-week high of $43.12. The company has a market cap of $8.12 million, a PE ratio of 29.81 and a beta of 1.06.

About iShares Future Metaverse Tech and Communications ETF

The iShares Future Metaverse Tech and Communications ETF (IVRS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of equity securities from around the world that are expected to contribute to the metaverse. IVRS was launched on Feb 14, 2023 and is managed by BlackRock.