iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Down 81.8% in May

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 62,446 shares, a decline of 81.8% from the April 30th total of 343,457 shares. Based on an average trading volume of 766,549 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

iShares U.S. Thematic Rotation Active ETF Stock Up 0.4%

THRO stock traded up $0.16 during trading on Friday, reaching $43.44. 6,621,732 shares of the company’s stock were exchanged, compared to its average volume of 1,631,697. iShares U.S. Thematic Rotation Active ETF has a 1-year low of $33.68 and a 1-year high of $43.60. The company’s fifty day moving average price is $39.79 and its 200-day moving average price is $38.92. The firm has a market cap of $8.80 billion, a PE ratio of -4,215.84 and a beta of 1.10.

Hedge Funds Weigh In On iShares U.S. Thematic Rotation Active ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Arkadios Wealth Advisors grew its holdings in shares of 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 in the last quarter. EverSource Wealth Advisors LLC lifted its position 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 during the period. Parallel Advisors LLC lifted its position in shares of iShares U.S. Thematic Rotation Active ETF by 1.8% during the 1st 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. Cornerstone Planning Group LLC lifted its position in shares of iShares U.S. Thematic Rotation Active ETF by 38.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 79,733 shares of the company’s stock worth $2,888,000 after buying an additional 22,091 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of iShares U.S. Thematic Rotation Active ETF by 11.7% during the 1st quarter. Bank of New York Mellon Corp now owns 2,606,084 shares of the company’s stock worth $94,392,000 after buying an additional 272,849 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.