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

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRSGet Free Report) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 901 shares, a growth of 858.5% from the June 30th total of 94 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 677 shares, the short-interest ratio is currently 1.3 days.

iShares Future Metaverse Tech and Communications ETF Trading Down 0.6%

NYSEARCA IVRS traded down $0.19 during trading hours on Friday, reaching $30.64. 403 shares of the company traded hands, compared to its average volume of 734. The stock has a market capitalization of $7.66 million, a PE ratio of 29.81 and a beta of 1.06. iShares Future Metaverse Tech and Communications ETF has a 12 month low of $27.43 and a 12 month high of $43.12. The company has a 50 day moving average of $32.03 and a two-hundred day moving average of $31.79.

About iShares Future Metaverse Tech and Communications ETF

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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.

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