Short Interest in iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Decreases By 42.2%

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 111,255 shares, a decline of 42.2% from the March 15th total of 192,541 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 1,367,381 shares, the days-to-cover ratio is presently 0.1 days.

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

Several hedge funds have recently bought and sold shares of THRO. Farther Finance Advisors LLC increased its stake in iShares U.S. Thematic Rotation Active ETF by 40.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 257,629 shares of the company’s stock valued at $9,754,000 after purchasing an additional 73,658 shares in the last quarter. CoreCap Advisors LLC increased its stake in iShares U.S. Thematic Rotation Active ETF by 39.7% during the 4th quarter. CoreCap Advisors LLC now owns 67,808 shares of the company’s stock valued at $2,615,000 after purchasing an additional 19,254 shares in the last quarter. Cornerstone Planning Group LLC increased its stake in iShares U.S. Thematic Rotation Active ETF by 8,396.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 53,442 shares of the company’s stock valued at $2,062,000 after purchasing an additional 52,813 shares in the last quarter. Strategic Blueprint LLC increased its stake in iShares U.S. Thematic Rotation Active ETF by 8.4% during the 3rd quarter. Strategic Blueprint LLC now owns 273,820 shares of the company’s stock valued at $10,367,000 after purchasing an additional 21,137 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in iShares U.S. Thematic Rotation Active ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,294,011 shares of the company’s stock valued at $389,731,000 after purchasing an additional 272,964 shares in the last quarter.

iShares U.S. Thematic Rotation Active ETF Price Performance

Shares of NYSEARCA:THRO traded up $0.03 during mid-day trading on Monday, hitting $38.33. The company had a trading volume of 166,890 shares, compared to its average volume of 1,217,410. The firm has a fifty day moving average price of $37.62 and a 200 day moving average price of $38.14. The company has a market capitalization of $7.81 billion, a PE ratio of -3,719.91 and a beta of 1.09. iShares U.S. Thematic Rotation Active ETF has a one year low of $29.37 and a one year high of $39.44.

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.