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

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 344 shares, a drop of 82.4% from the May 31st total of 1,954 shares. Approximately 0.1% of the shares of the company are short sold. 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 Down 1.3%

Shares of NYSEARCA IVRS opened at $30.39 on Friday. The company has a market capitalization of $7.60 million, a price-to-earnings ratio of 29.81 and a beta of 1.04. iShares Future Metaverse Tech and Communications ETF has a twelve month low of $27.43 and a twelve month high of $43.12. The business has a 50 day simple moving average of $32.17 and a 200-day simple moving average of $32.38.

About iShares Future Metaverse Tech and Communications ETF

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.