iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Sees Significant Drop in Short Interest

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THROGet Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 108,482 shares, a decrease of 76.8% from the June 15th total of 468,500 shares. Based on an average trading volume of 1,047,461 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares U.S. Thematic Rotation Active ETF

A number of institutional investors have recently added to or reduced their stakes in THRO. United Financial Planning Group LLC purchased a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the third quarter worth $27,000. Bogart Wealth LLC purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF in the 1st quarter worth about $31,000. Team Financial Group LLC increased its stake in iShares U.S. Thematic Rotation Active ETF by 18.5% during the 4th quarter. Team Financial Group LLC now owns 2,124 shares of the company’s stock valued at $82,000 after purchasing an additional 332 shares in the last quarter. Continuum Advisory LLC purchased a new position in iShares U.S. Thematic Rotation Active ETF in the fourth quarter worth about $211,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the third quarter valued at $281,000.

iShares U.S. Thematic Rotation Active ETF Stock Performance

Shares of NYSEARCA:THRO opened at $42.85 on Tuesday. iShares U.S. Thematic Rotation Active ETF has a 52-week low of $34.94 and a 52-week high of $43.76. The firm has a market capitalization of $6.44 billion, a P/E ratio of -4,158.58 and a beta of 1.10. The stock has a 50 day moving average price of $42.68 and a 200-day moving average price of $39.89.

About iShares U.S. Thematic Rotation Active ETF

(Get Free Report)

The iShares U.S. Thematic Rotation Active ETF (THRO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of US stocks selected to provide exposure to multiple themes, including emerging and structural trends. THRO was launched on Dec 14, 2021 and is issued by BlackRock.

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