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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 297,881 shares, a growth of 174.6% from the June 30th total of 108,482 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 661,403 shares, the days-to-cover ratio is presently 0.5 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of THRO. Farther Finance Advisors LLC raised its position in iShares U.S. Thematic Rotation Active ETF by 32.9% during the 4th quarter. Farther Finance Advisors LLC now owns 342,503 shares of the company’s stock valued at $13,207,000 after purchasing an additional 84,874 shares in the last quarter. Mosley Wealth Management purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF during the fourth quarter valued at $1,658,000. Magnolia Private Wealth LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the fourth quarter valued at about $476,000. Janney Montgomery Scott LLC lifted its position in shares of iShares U.S. Thematic Rotation Active ETF by 2.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,533,088 shares of the company’s stock worth $97,676,000 after purchasing an additional 53,645 shares during the period. Finally, Venturi Wealth Management LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the first quarter valued at approximately $1,374,000.

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

NYSEARCA THRO opened at $42.03 on Wednesday. iShares U.S. Thematic Rotation Active ETF has a twelve month low of $34.94 and a twelve month high of $43.76. The firm has a market cap of $6.34 billion, a price-to-earnings ratio of -4,079.00 and a beta of 1.10. The business has a 50-day moving average price of $42.75 and a 200-day moving average price of $40.17.

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.