Short Interest in iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Decreases By 18.6%

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 232,455 shares, a drop of 18.6% from the January 15th total of 285,521 shares. Based on an average daily volume of 901,824 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 901,824 shares, the short-interest ratio is currently 0.3 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 40.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 257,629 shares of the company’s stock worth $9,754,000 after buying an additional 73,658 shares during the period. Maripau Wealth Management LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF during the second quarter worth approximately $737,000. JPMorgan Chase & Co. grew its position in shares of iShares U.S. Thematic Rotation Active ETF by 241.4% in the second quarter. JPMorgan Chase & Co. now owns 10,021,047 shares of the company’s stock valued at $356,549,000 after purchasing an additional 7,086,183 shares during the last quarter. First Horizon Advisors Inc. increased its stake in shares of iShares U.S. Thematic Rotation Active ETF by 811.7% during the second quarter. First Horizon Advisors Inc. now owns 148,997 shares of the company’s stock worth $5,301,000 after purchasing an additional 132,655 shares during the period. Finally, Transcend Capital Advisors LLC acquired a new stake in iShares U.S. Thematic Rotation Active ETF during the 2nd quarter worth approximately $1,038,000.

iShares U.S. Thematic Rotation Active ETF Trading Up 0.3%

NYSEARCA:THRO traded up $0.10 on Tuesday, hitting $38.08. The company’s stock had a trading volume of 1,299,115 shares, compared to its average volume of 999,746. iShares U.S. Thematic Rotation Active ETF has a one year low of $27.82 and a one year high of $39.44. The stock has a fifty day moving average of $38.78 and a two-hundred day moving average of $38.01. The firm has a market capitalization of $7.19 billion, a P/E ratio of -3,695.65 and a beta of 1.09.

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.