Short Interest in iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Decreases By 19.3%

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 169,282 shares, a drop of 19.3% from the November 30th total of 209,885 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 862,563 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 862,563 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

iShares U.S. Thematic Rotation Active ETF Stock Performance

THRO traded down $0.31 on Thursday, hitting $38.56. 675,392 shares of the company were exchanged, compared to its average volume of 1,173,615. The stock’s fifty day moving average is $38.45 and its 200-day moving average is $37.23. iShares U.S. Thematic Rotation Active ETF has a 12 month low of $27.82 and a 12 month high of $39.22. The company has a market cap of $6.53 billion, a PE ratio of -3,742.24 and a beta of 1.09.

Institutional Trading of iShares U.S. Thematic Rotation Active ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. United Financial Planning Group LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF in the 3rd quarter valued at about $27,000. Parallel Advisors LLC bought a new position in iShares U.S. Thematic Rotation Active ETF during the second quarter worth about $39,000. Family Legacy Financial Solutions LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF during the third quarter worth approximately $46,000. Wells Financial Advisors INC acquired a new position in iShares U.S. Thematic Rotation Active ETF during the second quarter worth approximately $47,000. Finally, Harbor Investment Advisory LLC bought a new stake in iShares U.S. Thematic Rotation Active ETF in the second quarter valued at approximately $58,000.

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.