iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Sees Significant Growth in Short Interest

iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 159 shares, an increase of 71.0% from the March 31st total of 93 shares. Based on an average trading volume of 212 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the shares of the company are short sold.

iShares Future Metaverse Tech and Communications ETF Price Performance

Shares of iShares Future Metaverse Tech and Communications ETF stock traded up $0.05 during trading hours on Monday, reaching $31.69. The company had a trading volume of 214 shares, compared to its average volume of 907. iShares Future Metaverse Tech and Communications ETF has a one year low of $27.43 and a one year high of $43.12. The business has a fifty day simple moving average of $30.07 and a 200 day simple moving average of $34.51. The firm has a market cap of $7.92 million, a PE ratio of 29.81 and a beta of 1.05.

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.