iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Update

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 91,588 shares, a drop of 40.4% from the August 31st total of 153,709 shares. Based on an average daily trading volume, of 474,583 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

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

Several large investors have recently modified their holdings of the stock. Bogart Wealth LLC purchased a new stake in iShares U.S. Thematic Rotation Active ETF during the 1st quarter valued at about $31,000. Continuum Advisory LLC purchased a new position in iShares U.S. Thematic Rotation Active ETF in the second quarter worth about $199,000. Mosaic Advisors LLC purchased a new position in iShares U.S. Thematic Rotation Active ETF in the first quarter worth about $294,000. EverSource Wealth Advisors LLC lifted its stake in shares of iShares U.S. Thematic Rotation Active ETF by 27.2% in the first quarter. EverSource Wealth Advisors LLC now owns 10,023 shares of the company’s stock worth $363,000 after buying an additional 2,144 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 2.8% during 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 during the last quarter.

iShares U.S. Thematic Rotation Active ETF Trading Up 0.7%

iShares U.S. Thematic Rotation Active ETF stock traded up $0.32 during mid-day trading on Friday, hitting $44.44. The company had a trading volume of 244,437 shares, compared to its average volume of 1,330,023. The stock’s 50 day moving average price is $43.73 and its two-hundred day moving average price is $41.94. iShares U.S. Thematic Rotation Active ETF has a 12 month low of $34.94 and a 12 month high of $44.69. The company has a market capitalization of $6.92 billion, a PE ratio of -4,311.72 and a beta of 1.10.

About iShares U.S. Thematic Rotation Active ETF

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.