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

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 159 shares, an increase of 71.0% from the March 31st total of 93 shares. Based on an average trading volume of 212 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the shares of the company are short sold.

iShares Future Metaverse Tech and Communications ETF Stock Performance

IVRS stock opened at $31.23 on Wednesday. iShares Future Metaverse Tech and Communications ETF has a fifty-two week low of $27.43 and a fifty-two week high of $43.12. The business’s 50-day moving average is $30.12 and its two-hundred day moving average is $34.36. The company has a market cap of $7.81 million, a price-to-earnings ratio of 29.81 and a beta of 1.05.

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.