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

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 82 shares, a drop of 48.4% from the April 15th total of 159 shares. Based on an average trading volume of 367 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

iShares Future Metaverse Tech and Communications ETF Price Performance

iShares Future Metaverse Tech and Communications ETF stock traded down $0.69 during mid-day trading on Friday, reaching $32.60. 14 shares of the company traded hands, compared to its average volume of 864. iShares Future Metaverse Tech and Communications ETF has a 52-week low of $27.43 and a 52-week high of $43.12. The firm has a market capitalization of $8.15 million, a price-to-earnings ratio of 29.81 and a beta of 1.03. The firm’s 50 day moving average price is $30.62 and its 200 day moving average price is $33.73.

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.