iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Down 76.8% in June

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 108,482 shares, a decline of 76.8% from the June 15th total of 468,500 shares. Based on an average trading volume of 1,047,461 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares U.S. Thematic Rotation Active ETF

Several institutional investors have recently modified their holdings of the company. Team Financial Group LLC increased its holdings in iShares U.S. Thematic Rotation Active ETF by 18.5% in the fourth quarter. Team Financial Group LLC now owns 2,124 shares of the company’s stock valued at $82,000 after buying an additional 332 shares during the last quarter. Sound Income Strategies LLC raised its stake in iShares U.S. Thematic Rotation Active ETF by 2.8% in the first quarter. Sound Income Strategies LLC now owns 13,040 shares of the company’s stock valued at $478,000 after buying an additional 361 shares in the last quarter. Ashton Thomas Securities LLC raised its stake in iShares U.S. Thematic Rotation Active ETF by 0.5% in the fourth quarter. Ashton Thomas Securities LLC now owns 74,026 shares of the company’s stock valued at $2,848,000 after buying an additional 365 shares in the last quarter. MN Wealth Advisors LLC lifted its holdings in iShares U.S. Thematic Rotation Active ETF by 5.0% during the 4th quarter. MN Wealth Advisors LLC now owns 14,326 shares of the company’s stock worth $552,000 after buying an additional 683 shares during the last quarter. Finally, United Financial Planning Group LLC purchased a new stake in iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth about $27,000.

iShares U.S. Thematic Rotation Active ETF Stock Down 0.9%

NYSEARCA THRO traded down $0.38 on Monday, hitting $42.85. 675,116 shares of the stock were exchanged, compared to its average volume of 1,562,957. iShares U.S. Thematic Rotation Active ETF has a fifty-two week low of $34.94 and a fifty-two week high of $43.76. The company has a market cap of $6.44 billion, a PE ratio of -4,158.58 and a beta of 1.10. The company has a 50-day moving average price of $42.68 and a 200-day moving average price of $39.89.

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.