Short Interest in iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Decreases By 82.4%

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 344 shares, a decline of 82.4% from the May 31st total of 1,954 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 770 shares, the days-to-cover ratio is currently 0.4 days.

iShares Future Metaverse Tech and Communications ETF Trading Up 1.5%

iShares Future Metaverse Tech and Communications ETF stock traded up $0.47 during midday trading on Friday, hitting $30.86. The stock had a trading volume of 15 shares, compared to its average volume of 761. 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 capitalization of $7.71 million, a PE ratio of 29.81 and a beta of 1.04. The firm’s fifty day moving average is $32.17 and its two-hundred day moving average is $32.36.

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.