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

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

iShares U.S. Thematic Rotation Active ETF Price Performance

THRO remained flat at $37.98 on Monday. The company’s stock had a trading volume of 1,092,164 shares, compared to its average volume of 989,769. The firm’s fifty day moving average is $38.78 and its 200-day moving average is $38.01. The stock has a market capitalization of $7.17 billion, a price-to-earnings ratio of -3,685.95 and a beta of 1.09. iShares U.S. Thematic Rotation Active ETF has a 12 month low of $27.82 and a 12 month high of $39.44.

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

Large investors have recently bought and sold shares of the company. Strategic Blueprint LLC raised its position in iShares U.S. Thematic Rotation Active ETF by 966.4% during the 2nd quarter. Strategic Blueprint LLC now owns 252,683 shares of the company’s stock worth $8,990,000 after buying an additional 228,988 shares during the last quarter. MN Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the second quarter worth $471,000. Atlatl Advisers LLC purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF during the second quarter worth $581,000. Transcend Capital Advisors LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF during the second quarter valued at $1,038,000. Finally, Arkadios Wealth Advisors acquired a new position in iShares U.S. Thematic Rotation Active ETF during the second quarter valued at $533,000.

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.