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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 285,521 shares, a growth of 35.7% from the December 31st total of 210,361 shares. Based on an average daily volume of 948,487 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 948,487 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in iShares U.S. Thematic Rotation Active ETF by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,294,011 shares of the company’s stock valued at $389,731,000 after buying an additional 272,964 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 4,690.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,009,950 shares of the company’s stock valued at $71,514,000 after acquiring an additional 1,967,991 shares in the last quarter. Ameriprise Financial Inc. bought a new position in shares of iShares U.S. Thematic Rotation Active ETF in the 3rd quarter valued at about $51,077,000. United Capital Financial Advisors LLC increased its position in shares of iShares U.S. Thematic Rotation Active ETF by 2.0% in the third quarter. United Capital Financial Advisors LLC now owns 1,220,914 shares of the company’s stock valued at $46,224,000 after acquiring an additional 23,936 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in iShares U.S. Thematic Rotation Active ETF by 32.9% during the fourth quarter. Farther Finance Advisors LLC now owns 342,503 shares of the company’s stock worth $13,207,000 after acquiring an additional 84,874 shares in the last quarter.

iShares U.S. Thematic Rotation Active ETF Price Performance

Shares of iShares U.S. Thematic Rotation Active ETF stock traded up $0.36 on Monday, hitting $39.32. The company had a trading volume of 1,196,703 shares, compared to its average volume of 938,034. The firm has a market capitalization of $7.40 billion, a P/E ratio of -3,815.99 and a beta of 1.09. iShares U.S. Thematic Rotation Active ETF has a twelve month low of $27.82 and a twelve month high of $39.44. The stock has a 50-day moving average of $38.82 and a 200-day moving average of $37.85.

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.