Short Interest in iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Grows By 858.5%

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 901 shares, a growth of 858.5% from the June 30th total of 94 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 677 shares, the days-to-cover ratio is currently 1.3 days.

iShares Future Metaverse Tech and Communications ETF Stock Down 0.6%

NYSEARCA IVRS opened at $30.64 on Friday. iShares Future Metaverse Tech and Communications ETF has a twelve month low of $27.43 and a twelve month high of $43.12. The stock has a market cap of $7.66 million, a P/E ratio of 29.81 and a beta of 1.06. The company’s 50-day simple moving average is $32.03 and its 200 day simple moving average is $31.79.

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.