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

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRSGet Free Report) saw a significant growth in short interest in 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. Based on an average daily volume of 677 shares, the short-interest ratio is currently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.

iShares Future Metaverse Tech and Communications ETF Stock Down 0.6%

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

About iShares Future Metaverse Tech and Communications ETF

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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.

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