First Trust Indxx Metaverse ETF (NASDAQ:ARVR) Short Interest Update

First Trust Indxx Metaverse ETF (NASDAQ:ARVRGet Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 694 shares, a decline of 75.2% from the June 30th total of 2,794 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 304 shares, the short-interest ratio is presently 2.3 days.

Institutional Investors Weigh In On First Trust Indxx Metaverse ETF

An institutional investor recently raised its stake in First Trust Indxx Metaverse ETF stock. Jane Street Group LLC raised its position in shares of First Trust Indxx Metaverse ETF (NASDAQ:ARVRFree Report) by 34.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,814 shares of the company’s stock after purchasing an additional 3,758 shares during the period. Jane Street Group LLC owned 29.63% of First Trust Indxx Metaverse ETF worth $564,000 as of its most recent filing with the Securities and Exchange Commission.

First Trust Indxx Metaverse ETF Stock Up 0.8%

ARVR traded up $0.44 during trading on Monday, hitting $53.17. 13 shares of the company traded hands, compared to its average volume of 388. The firm has a market cap of $5.32 million, a P/E ratio of 29.06 and a beta of 1.23. The stock’s fifty day moving average is $55.67 and its 200 day moving average is $50.78. First Trust Indxx Metaverse ETF has a one year low of $42.61 and a one year high of $58.55.

First Trust Indxx Metaverse ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.1065 per share. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 25th.

About First Trust Indxx Metaverse ETF

(Get Free Report)

The First Trust Indxx Metaverse ETF (ARVR) is an exchange-traded fund that is based on the Indxx Metaverse index. The fund tracks a modified equal-weighted index of stocks, spanning a broad range of industries globally, that are involved in business activities associated with the Metaverse. ARVR was launched on Apr 19, 2022 and is managed by First Trust.

Featured Stories

Receive News & Ratings for First Trust Indxx Metaverse ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Indxx Metaverse ETF and related companies with MarketBeat.com's FREE daily email newsletter.