iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Sees Significant Decrease in Short Interest

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 14 shares, a drop of 98.4% from the July 15th total of 901 shares. Based on an average daily trading volume, of 1,408 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

iShares Future Metaverse Tech and Communications ETF Stock Down 0.2%

iShares Future Metaverse Tech and Communications ETF stock traded down $0.07 during trading hours on Wednesday, reaching $32.60. 287 shares of the company’s stock were exchanged, compared to its average volume of 799. The firm has a market capitalization of $8.15 million, a PE ratio of 29.81 and a beta of 1.06. The firm’s 50 day simple moving average is $31.80 and its 200 day simple moving average is $31.41. iShares Future Metaverse Tech and Communications ETF has a twelve month low of $27.43 and a twelve month high of $43.12.

iShares Future Metaverse Tech and Communications ETF Company Profile

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.