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 significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 108,482 shares, a drop of 76.8% from the June 15th total of 468,500 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,047,461 shares, the short-interest ratio is presently 0.1 days.

iShares U.S. Thematic Rotation Active ETF Trading Up 0.5%

THRO stock traded up $0.21 on Friday, hitting $43.23. The company’s stock had a trading volume of 556,813 shares, compared to its average volume of 1,569,787. The firm has a 50 day moving average of $42.64 and a two-hundred day moving average of $39.87. iShares U.S. Thematic Rotation Active ETF has a 1 year low of $34.94 and a 1 year high of $43.76. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of -4,195.46 and a beta of 1.10.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Redwood Investment Management LLC lifted its stake in shares of 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 worth $2,276,000 after acquiring an additional 7,238 shares during the period. Parallel Advisors LLC boosted its holdings in iShares U.S. Thematic Rotation Active ETF by 1.8% in the 1st quarter. Parallel Advisors LLC now owns 50,704 shares of the company’s stock valued at $1,837,000 after purchasing an additional 894 shares in the last quarter. Arkadios Wealth Advisors increased its position in iShares U.S. Thematic Rotation Active ETF by 44.3% during the 1st quarter. Arkadios Wealth Advisors now owns 26,033 shares of the company’s stock worth $943,000 after purchasing an additional 7,990 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of iShares U.S. Thematic Rotation Active ETF by 27.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 10,023 shares of the company’s stock worth $363,000 after buying an additional 2,144 shares in the last quarter. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 38.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 79,733 shares of the company’s stock valued at $2,888,000 after buying an additional 22,091 shares during the period.

iShares U.S. Thematic Rotation Active ETF Company Profile

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.