First Trust Indxx Metaverse ETF (NASDAQ:ARVR) Short Interest Update

First Trust Indxx Metaverse ETF (NASDAQ:ARVR) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 1,100 shares, a decline of 8.3% from the September 15th total of 1,200 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of First Trust Indxx Metaverse ETF

A hedge fund recently raised its stake in First Trust Indxx Metaverse ETF stock. SRS Capital Advisors Inc. boosted its stake in shares of First Trust Indxx Metaverse ETF (NASDAQ:ARVR) by 5.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,906 shares of the company’s stock after acquiring an additional 1,018 shares during the quarter. SRS Capital Advisors Inc. owned about 20.91% of First Trust Indxx Metaverse ETF worth $779,000 as of its most recent filing with the Securities and Exchange Commission.

First Trust Indxx Metaverse ETF Trading Up 0.4 %

ARVR stock opened at $37.23 on Thursday. The company has a market capitalization of $3.72 million, a P/E ratio of 25.12 and a beta of -1.30. The business has a 50 day simple moving average of $36.46 and a 200-day simple moving average of $36.23. First Trust Indxx Metaverse ETF has a twelve month low of $28.19 and a twelve month high of $38.91.

First Trust Indxx Metaverse ETF Company Profile

The First Trust Indxx Metaverse ETF (ARVR) is an exchange-traded fund that is based on the Indxx Metaverse index. The fund tracks a modified equal-weighted index of stocks, spanning a broad range of industries globally, that are involved in business activities associated with the Metaverse. ARVR was launched on Apr 19, 2022 and is managed by First Trust.