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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 210,361 shares, an increase of 24.3% from the December 15th total of 169,282 shares. Based on an average daily volume of 728,698 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 728,698 shares, the short-interest ratio is presently 0.3 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in iShares U.S. Thematic Rotation Active ETF by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 10,294,011 shares of the company’s stock valued at $389,731,000 after acquiring an additional 272,964 shares in the last quarter. Bank of New York Mellon Corp grew its stake in iShares U.S. Thematic Rotation Active ETF by 4,690.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,009,950 shares of the company’s stock worth $71,514,000 after buying an additional 1,967,991 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF during the second quarter worth approximately $61,935,000. Ameriprise Financial Inc. purchased a new stake in iShares U.S. Thematic Rotation Active ETF in the third quarter valued at approximately $51,077,000. Finally, United Capital Financial Advisors LLC grew its position in shares of iShares U.S. Thematic Rotation Active ETF by 2.0% during the third quarter. United Capital Financial Advisors LLC now owns 1,220,914 shares of the company’s stock worth $46,224,000 after acquiring an additional 23,936 shares during the last quarter.

iShares U.S. Thematic Rotation Active ETF Trading Up 0.2%

Shares of THRO stock traded up $0.07 on Friday, reaching $39.09. 794,162 shares of the stock were exchanged, compared to its average volume of 934,415. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of -3,793.67 and a beta of 1.09. The business’s 50 day moving average price is $38.58 and its 200 day moving average price is $37.58. iShares U.S. Thematic Rotation Active ETF has a twelve month low of $27.82 and a twelve month high of $39.44.

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.