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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 169,282 shares, a decline of 19.3% from the November 30th total of 209,885 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 862,563 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 862,563 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

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

Several institutional investors have recently added to or reduced their stakes in THRO. United Financial Planning Group LLC purchased a new position in iShares U.S. Thematic Rotation Active ETF during the 3rd quarter valued at $27,000. Parallel Advisors LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF during the second quarter worth $39,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of iShares U.S. Thematic Rotation Active ETF during the third quarter valued at $46,000. Wells Financial Advisors INC purchased a new stake in shares of iShares U.S. Thematic Rotation Active ETF during the second quarter valued at $47,000. Finally, Harbor Investment Advisory LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF in the second quarter worth about $58,000.

iShares U.S. Thematic Rotation Active ETF Trading Down 0.8%

Shares of THRO opened at $38.56 on Friday. The company’s fifty day simple moving average is $38.46 and its 200-day simple moving average is $37.24. The company has a market cap of $6.53 billion, a P/E ratio of -3,742.24 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 $39.22.

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.