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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 124,965 shares, a decline of 64.1% from the July 30th total of 347,861 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 608,152 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of iShares U.S. Thematic Rotation Active ETF

Large investors have recently modified their holdings of the business. Kickstand Ventures LLC. acquired a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 2nd quarter worth approximately $6,945,000. Continuum Advisory LLC acquired a new stake in iShares U.S. Thematic Rotation Active ETF during the 2nd quarter valued at $199,000. Redwood Investment Management LLC grew its holdings in iShares U.S. Thematic Rotation Active ETF by 13.0% during the 1st quarter. Redwood Investment Management LLC now owns 62,848 shares of the company’s stock valued at $2,276,000 after buying an additional 7,238 shares during the last quarter. Parallel Advisors LLC increased its position in iShares U.S. Thematic Rotation Active ETF by 1.8% during the first quarter. Parallel Advisors LLC now owns 50,704 shares of the company’s stock worth $1,837,000 after buying an additional 894 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its position in iShares U.S. Thematic Rotation Active ETF by 44.3% during the first quarter. Arkadios Wealth Advisors now owns 26,033 shares of the company’s stock worth $943,000 after buying an additional 7,990 shares in the last quarter.

iShares U.S. Thematic Rotation Active ETF Stock Down 0.2%

Shares of iShares U.S. Thematic Rotation Active ETF stock traded down $0.10 on Friday, hitting $43.85. The company’s stock had a trading volume of 548,176 shares, compared to its average volume of 1,356,164. The company has a market capitalization of $6.65 billion, a P/E ratio of -4,255.63 and a beta of 1.10. iShares U.S. Thematic Rotation Active ETF has a 52-week low of $34.94 and a 52-week high of $44.58. The firm has a fifty day moving average price of $43.09 and a 200-day moving average price of $40.90.

About iShares U.S. Thematic Rotation Active ETF

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.