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

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 1,091 shares, a drop of 38.6% from the January 15th total of 1,778 shares. Based on an average daily trading volume, of 2,374 shares, the short-interest ratio is currently 0.5 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 2,374 shares, the short-interest ratio is currently 0.5 days.

iShares Future Metaverse Tech and Communications ETF Price Performance

IVRS stock traded up $0.46 during trading on Friday, hitting $30.06. 1,132 shares of the stock traded hands, compared to its average volume of 1,991. The stock has a market cap of $6.01 million, a price-to-earnings ratio of 29.81 and a beta of 0.96. iShares Future Metaverse Tech and Communications ETF has a 1 year low of $28.35 and a 1 year high of $43.12. The firm’s 50 day moving average is $34.77 and its two-hundred day moving average is $38.51.

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.