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

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 344 shares, a decrease of 82.4% from the May 31st total of 1,954 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 770 shares, the short-interest ratio is currently 0.4 days.

iShares Future Metaverse Tech and Communications ETF Price Performance

Shares of IVRS stock opened at $30.39 on Friday. The firm has a market cap of $7.60 million, a P/E ratio of 29.81 and a beta of 1.04. 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 has a fifty day moving average of $32.17 and a two-hundred day 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.