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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 91,588 shares, a decrease of 40.4% from the August 31st total of 153,709 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 474,583 shares, the short-interest ratio is currently 0.2 days.

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

A number of hedge funds have recently made changes to their positions in the stock. Kickstand Ventures LLC. acquired a new stake in shares of iShares U.S. Thematic Rotation Active ETF during the 2nd quarter worth $6,945,000. Continuum Advisory LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF in the second quarter valued at $199,000. Redwood Investment Management LLC boosted its holdings in iShares U.S. Thematic Rotation Active ETF by 13.0% in the first quarter. Redwood Investment Management LLC now owns 62,848 shares of the company’s stock valued at $2,276,000 after acquiring an additional 7,238 shares during the last quarter. Parallel Advisors LLC grew its position in iShares U.S. Thematic Rotation Active ETF by 1.8% during the first quarter. Parallel Advisors LLC now owns 50,704 shares of the company’s stock valued at $1,837,000 after acquiring an additional 894 shares during the period. Finally, Arkadios Wealth Advisors grew its position in iShares U.S. Thematic Rotation Active ETF by 44.3% during the first quarter. Arkadios Wealth Advisors now owns 26,033 shares of the company’s stock valued at $943,000 after acquiring an additional 7,990 shares during the period.

iShares U.S. Thematic Rotation Active ETF Stock Up 0.3%

Shares of THRO traded up $0.14 during mid-day trading on Thursday, hitting $44.12. The company had a trading volume of 13,005,370 shares, compared to its average volume of 1,335,871. iShares U.S. Thematic Rotation Active ETF has a 1-year low of $34.94 and a 1-year high of $44.69. The business’s 50-day simple moving average is $43.73 and its 200-day simple moving average is $41.94. The stock has a market cap of $6.87 billion, a PE ratio of -4,281.83 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.