iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Down 81.8% in May

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 62,446 shares, a drop of 81.8% from the April 30th total of 343,457 shares. Based on an average daily trading volume, of 766,549 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

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

A number of large investors have recently made changes to their positions in THRO. United Financial Planning Group LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the third quarter worth approximately $27,000. Bogart Wealth LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the first quarter worth approximately $31,000. Team Financial Group LLC increased its stake in shares of iShares U.S. Thematic Rotation Active ETF by 18.5% during the fourth quarter. Team Financial Group LLC now owns 2,124 shares of the company’s stock worth $82,000 after purchasing an additional 332 shares during the period. Continuum Advisory LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the fourth quarter worth approximately $211,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the third quarter worth approximately $281,000.

iShares U.S. Thematic Rotation Active ETF Stock Down 0.1%

THRO opened at $43.05 on Thursday. iShares U.S. Thematic Rotation Active ETF has a 12-month low of $33.68 and a 12-month high of $43.18. The stock has a market cap of $8.72 billion, a price-to-earnings ratio of -4,177.99 and a beta of 1.10. The business has a 50 day moving average of $39.55 and a 200-day moving average of $38.85.

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.