iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Up 6,173.7% in May

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,917,700 shares, an increase of 6,173.7% from the May 14th total of 62,446 shares. Based on an average trading volume of 6,873,198 shares, the short-interest ratio is currently 0.6 days. Approximately 1.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 2.7% during the third quarter. JPMorgan Chase & Co. now owns 10,294,011 shares of the company’s stock valued at $389,731,000 after buying an additional 272,964 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of iShares U.S. Thematic Rotation Active ETF by 5.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 7,535 shares of the company’s stock valued at $285,000 after acquiring an additional 362 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of iShares U.S. Thematic Rotation Active ETF by 15.2% during the third quarter. Creative Financial Designs Inc. ADV now owns 17,869 shares of the company’s stock valued at $677,000 after acquiring an additional 2,351 shares in the last quarter. Parallel Advisors LLC increased its position in shares of iShares U.S. Thematic Rotation Active ETF by 5,170.8% during the third quarter. Parallel Advisors LLC now owns 57,979 shares of the company’s stock valued at $2,195,000 after acquiring an additional 56,879 shares in the last quarter. Finally, United Financial Planning Group LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF during the third quarter valued at approximately $27,000.

iShares U.S. Thematic Rotation Active ETF Stock Down 0.5%

Shares of NYSEARCA:THRO traded down $0.20 on Tuesday, hitting $42.26. 1,828,281 shares of the company traded hands, compared to its average volume of 1,645,087. The stock has a 50 day simple moving average of $40.73 and a 200-day simple moving average of $39.17. The company has a market cap of $8.56 billion, a PE ratio of -4,101.32 and a beta of 1.10. iShares U.S. Thematic Rotation Active ETF has a 52 week low of $34.03 and a 52 week high of $43.76.

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.