iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Sees Significant Drop in Short Interest
by Doug Wharley · The Cerbat GemiShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS – Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 93 shares, a decline of 85.1% from the March 15th total of 623 shares. Based on an average daily trading volume, of 136 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s stock are short sold.
iShares Future Metaverse Tech and Communications ETF Trading Down 0.2%
Shares of IVRS stock traded down $0.07 during trading hours on Friday, reaching $29.05. 433 shares of the company’s stock were exchanged, compared to its average volume of 1,005. iShares Future Metaverse Tech and Communications ETF has a 1 year low of $27.43 and a 1 year high of $43.12. The stock has a market cap of $7.26 million, a PE ratio of 29.81 and a beta of 1.05. The stock’s fifty day moving average price is $30.00 and its two-hundred day moving average price is $35.50.
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.