iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO – Get Free Report) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,917,700 shares, an increase of 6,173.7% from the May 14th total of 62,446 shares. Based on an average daily volume of 6,873,198 shares, the short-interest ratio is presently 0.6 days. Approximately 1.9% of the shares of the company are short sold.
iShares U.S. Thematic Rotation Active ETF Stock Down 0.5%
Shares of THRO stock opened at $42.26 on Wednesday. iShares U.S. Thematic Rotation Active ETF has a 12 month low of $34.03 and a 12 month high of $43.76. The business’s 50 day moving average is $40.73 and its two-hundred day moving average is $39.17. The company has a market cap of $8.56 billion, a PE ratio of -4,101.32 and a beta of 1.10.
Hedge Funds Weigh In On iShares U.S. Thematic Rotation Active ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. United Financial Planning Group LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF during the third quarter valued at approximately $27,000. Bogart Wealth LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the first quarter valued at approximately $31,000. Team Financial Group LLC boosted its position in shares of iShares U.S. Thematic Rotation Active ETF by 18.5% in the fourth quarter. Team Financial Group LLC now owns 2,124 shares of the company’s stock valued at $82,000 after acquiring an additional 332 shares during the period. Continuum Advisory LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the fourth quarter valued at approximately $211,000. Finally, Imprint Wealth LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the third quarter valued at approximately $281,000.
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.
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