First Trust Indxx Metaverse ETF (NASDAQ:ARVR) Sees Large Decrease in Short Interest

Posted by Jessica Moore on Jul 26th, 2026

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

Institutional Investors Weigh In On First Trust Indxx Metaverse ETF

A hedge fund recently raised its stake in First Trust Indxx Metaverse ETF stock. Jane Street Group LLC grew its stake in First Trust Indxx Metaverse ETF (NASDAQ:ARVR – Free Report) by 34.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,814 shares of the company’s stock after acquiring an additional 3,758 shares during the period. Jane Street Group LLC owned 29.63% of First Trust Indxx Metaverse ETF worth $564,000 at the end of the most recent reporting period.

First Trust Indxx Metaverse ETF Trading Up 0.6%

Shares of ARVR traded up $0.31 during trading hours on Friday, reaching $53.17. 182 shares of the company traded hands, compared to its average volume of 391. The firm has a market cap of $5.32 million, a price-to-earnings ratio of 29.06 and a beta of 1.23. First Trust Indxx Metaverse ETF has a 12-month low of $42.61 and a 12-month high of $58.55. The stock’s fifty day moving average price is $55.67 and its 200 day moving average price is $50.77.

First Trust Indxx Metaverse ETF Announces Dividend

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

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.