iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Update

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 468,500 shares, a decrease of 88.0% from the May 31st total of 3,917,700 shares. Based on an average trading volume of 2,046,847 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

iShares U.S. Thematic Rotation Active ETF Price Performance

Shares of NYSEARCA THRO traded down $0.02 during mid-day trading on Friday, hitting $42.27. The company had a trading volume of 450,425 shares, compared to its average volume of 1,633,284. The company has a market capitalization of $8.56 billion, a PE ratio of -4,102.29 and a beta of 1.10. iShares U.S. Thematic Rotation Active ETF has a 1-year low of $34.94 and a 1-year high of $43.76. The business’s 50-day simple moving average is $42.02 and its 200 day simple moving average is $39.54.

Institutional Investors Weigh In On iShares U.S. Thematic Rotation Active ETF

Several large investors have recently bought and sold shares of the stock. Redwood Investment Management LLC raised its position in iShares U.S. Thematic Rotation Active ETF by 13.0% in the 1st quarter. Redwood Investment Management LLC now owns 62,848 shares of the company’s stock valued at $2,276,000 after purchasing an additional 7,238 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of 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 during the period. Arkadios Wealth Advisors raised its holdings in iShares U.S. Thematic Rotation Active ETF by 44.3% in the first quarter. Arkadios Wealth Advisors now owns 26,033 shares of the company’s stock valued at $943,000 after acquiring an additional 7,990 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in iShares U.S. Thematic Rotation Active ETF by 27.2% in the first quarter. EverSource Wealth Advisors LLC now owns 10,023 shares of the company’s stock valued at $363,000 after acquiring an additional 2,144 shares in the last quarter. Finally, Cornerstone Planning Group LLC lifted its stake in iShares U.S. Thematic Rotation Active ETF by 38.3% in the first quarter. Cornerstone Planning Group LLC now owns 79,733 shares of the company’s stock worth $2,888,000 after acquiring an additional 22,091 shares during the last quarter.

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.