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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a significant 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 stock are sold short. Based on an average daily volume of 661,403 shares, the days-to-cover ratio is currently 0.5 days.

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

A number of large investors have recently bought and sold shares of the stock. United Financial Planning Group LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF during the third quarter worth $27,000. Redwood Investment Management LLC boosted its stake in shares of iShares U.S. Thematic Rotation Active ETF by 14.8% in the 3rd quarter. Redwood Investment Management LLC now owns 44,604 shares of the company’s stock valued at $1,689,000 after purchasing an additional 5,734 shares in the last quarter. Imprint Wealth LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the 3rd quarter worth about $281,000. Ameriprise Financial Inc. bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the 3rd quarter worth about $51,077,000. Finally, United Capital Financial Advisors LLC grew its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 2.0% in the 3rd quarter. United Capital Financial Advisors LLC now owns 1,220,914 shares of the company’s stock worth $46,224,000 after purchasing an additional 23,936 shares during the last quarter.

iShares U.S. Thematic Rotation Active ETF Stock Performance

Shares of THRO stock traded down $0.05 during trading hours on Monday, hitting $42.12. The company had a trading volume of 360,633 shares, compared to its average volume of 1,491,552. iShares U.S. Thematic Rotation Active ETF has a 12 month low of $34.94 and a 12 month high of $43.76. The firm’s fifty day moving average is $42.75 and its 200 day moving average is $40.13. The firm has a market capitalization of $6.36 billion, a price-to-earnings ratio of -4,087.73 and a beta of 1.10.

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.