Short Interest in iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Drops By 48.4%

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRSGet Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 82 shares, a decrease of 48.4% from the April 15th total of 159 shares. Based on an average daily volume of 367 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

iShares Future Metaverse Tech and Communications ETF Trading Down 2.1%

Shares of IVRS traded down $0.69 during midday trading on Friday, hitting $32.60. 14 shares of the company’s stock traded hands, compared to its average volume of 864. iShares Future Metaverse Tech and Communications ETF has a 1 year low of $27.43 and a 1 year high of $43.12. The firm’s fifty day moving average is $30.62 and its 200-day moving average is $33.67. The stock has a market capitalization of $8.15 million, a price-to-earnings ratio of 29.81 and a beta of 1.03.

iShares Future Metaverse Tech and Communications ETF Company Profile

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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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