iShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS) Short Interest Down 85.1% in March
by Danessa Lincoln · The Markets DailyiShares Future Metaverse Tech and Communications ETF (NYSEARCA:IVRS – Get Free Report) saw a significant decline in short interest in 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 trading volume of 136 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold.
iShares Future Metaverse Tech and Communications ETF Stock Down 0.2%
IVRS stock traded down $0.07 during midday trading on Friday, reaching $29.05. The company had a trading volume of 433 shares, compared to its average volume of 1,005. The stock has a 50 day moving average price of $29.92 and a 200 day moving average price of $35.40. iShares Future Metaverse Tech and Communications ETF has a fifty-two week low of $27.43 and a fifty-two week high of $43.12. The firm has a market capitalization of $7.26 million, a PE ratio of 29.81 and a beta of 1.05.
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.