First Trust Indxx Metaverse ETF (NASDAQ:ARVR) Sees Significant Drop in Short Interest

Posted by Joseph Casey on Jul 28th, 2026

First Trust Indxx Metaverse ETF (NASDAQ:ARVR – Get Free Report) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 694 shares, a decline of 75.2% from the June 30th total of 2,794 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average trading volume of 304 shares, the short-interest ratio is currently 2.3 days.

First Trust Indxx Metaverse ETF Trading Up 0.8%

Shares of ARVR opened at $53.17 on Tuesday. The firm has a market capitalization of $5.32 million, a price-to-earnings ratio of 29.06 and a beta of 1.23. The firm’s fifty day simple moving average is $55.66 and its 200-day simple moving average is $50.80. First Trust Indxx Metaverse ETF has a twelve month low of $42.61 and a twelve month high of $58.55.

First Trust Indxx Metaverse ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.1065 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.43 dividend on an annualized basis and a yield of 0.8%.

Institutional Trading of First Trust Indxx Metaverse ETF

A hedge fund recently raised its stake in First Trust Indxx Metaverse ETF stock. Jane Street Group LLC increased its stake in shares of First Trust Indxx Metaverse ETF (NASDAQ:ARVR – Free Report) by 34.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,814 shares of the company’s stock after buying an additional 3,758 shares during the quarter. Jane Street Group LLC owned about 29.63% of First Trust Indxx Metaverse ETF worth $564,000 at the end of the most recent quarter.

About First Trust Indxx Metaverse ETF

(Get Free Report)

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.