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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THROGet Free Report) was the recipient of a significant growth in short interest during the month of 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 trading volume, of 661,403 shares, the days-to-cover ratio is presently 0.5 days.

iShares U.S. Thematic Rotation Active ETF Price Performance

Shares of NYSEARCA:THRO traded down $0.05 during trading on Monday, reaching $42.12. The stock had a trading volume of 360,633 shares, compared to its average volume of 1,491,552. The stock has a market capitalization of $6.36 billion, a PE ratio of -4,087.73 and a beta of 1.10. iShares U.S. Thematic Rotation Active ETF has a 52 week low of $34.94 and a 52 week high of $43.76. The business’s 50-day moving average price is $42.75 and its 200 day moving average price is $40.13.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. United Financial Planning Group LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF during the third quarter worth $27,000. Bogart Wealth LLC acquired a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the first quarter valued at approximately $31,000. Continuum Advisory LLC bought a new position in iShares U.S. Thematic Rotation Active ETF in the 4th quarter worth approximately $211,000. Imprint Wealth LLC bought a new position in iShares U.S. Thematic Rotation Active ETF in the 3rd quarter worth approximately $281,000. Finally, Mosaic Advisors LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF during the 1st quarter worth $294,000.

About iShares U.S. Thematic Rotation Active ETF

(Get Free Report)

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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