First Trust Indxx Metaverse ETF (NASDAQ:ARVR) Sees Large Decrease in Short Interest

Posted by Mark Dietrich on Jul 26th, 2026

First Trust Indxx Metaverse ETF (NASDAQ:ARVR – Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 694 shares, a drop of 75.2% from the June 30th total of 2,794 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 304 shares, the days-to-cover ratio is currently 2.3 days.

First Trust Indxx Metaverse ETF Stock Up 0.6%

NASDAQ:ARVR traded up $0.31 during mid-day trading on Friday, hitting $53.17. 182 shares of the stock traded hands, compared to its average volume of 391. The stock has a market capitalization of $5.32 million, a price-to-earnings ratio of 29.06 and a beta of 1.23. First Trust Indxx Metaverse ETF has a 52 week low of $42.61 and a 52 week high of $58.55. The firm’s 50 day moving average is $55.67 and its two-hundred day moving average is $50.77.

First Trust Indxx Metaverse ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.1065 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.8%.

Institutional Investors Weigh In On First Trust Indxx Metaverse ETF

An institutional investor recently raised its stake in First Trust Indxx Metaverse ETF stock. Jane Street Group LLC boosted its holdings in shares of First Trust Indxx Metaverse ETF (NASDAQ:ARVR – Free Report) by 34.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,814 shares of the company’s stock after acquiring an additional 3,758 shares during the quarter. Jane Street Group LLC owned 29.63% of First Trust Indxx Metaverse ETF worth $564,000 as of its most recent SEC filing.

First Trust Indxx Metaverse ETF Company Profile

(Get Free Report)

The First Trust Indxx Metaverse ETF (ARVR) is an exchange-traded fund that is based on the Indxx Metaverse index. The fund tracks a modified equal-weighted index of stocks, spanning a broad range of industries globally, that are involved in business activities associated with the Metaverse. ARVR was launched on Apr 19, 2022 and is managed by First Trust.