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

First Trust Indxx Metaverse ETF (NASDAQ:ARVR) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,100 shares, an increase of 10.0% from the March 15th total of 1,000 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 3.7 days.

Institutional Trading of First Trust Indxx Metaverse ETF

A hedge fund recently bought a new stake in First Trust Indxx Metaverse ETF stock. Citadel Advisors LLC bought a new stake in shares of First Trust Indxx Metaverse ETF (NASDAQ:ARVR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 100,665 shares of the company’s stock, valued at approximately $2,563,000. Citadel Advisors LLC owned approximately 100.67% of First Trust Indxx Metaverse ETF at the end of the most recent reporting period.

First Trust Indxx Metaverse ETF Trading Down 0.6 %

ARVR opened at $33.92 on Wednesday. The stock has a market cap of $1.70 million, a price-to-earnings ratio of 25.20 and a beta of -1.30. First Trust Indxx Metaverse ETF has a 1 year low of $27.52 and a 1 year high of $36.44. The stock has a fifty day moving average price of $35.36 and a 200 day moving average price of $33.48.

About First Trust Indxx Metaverse ETF

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.