iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Short Interest Down 98.4% in July

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 14 shares, a decline of 98.4% from the July 15th total of 901 shares. Based on an average daily volume of 1,408 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

iShares Future Metaverse Tech and Communications ETF Stock Up 0.1%

IVRS traded up $0.02 during trading on Tuesday, reaching $32.69. 17 shares of the company were exchanged, compared to its average volume of 798. 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’s 50-day moving average is $31.80 and its two-hundred day moving average is $31.41. The company has a market cap of $8.17 million, a price-to-earnings ratio of 29.81 and a beta of 1.06.

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.