iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Up 35.7% in January

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 285,521 shares, a growth of 35.7% from the December 31st total of 210,361 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 948,487 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 948,487 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

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

Hedge funds have recently bought and sold shares of the business. Team Financial Group LLC lifted its position 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 last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in iShares U.S. Thematic Rotation Active ETF by 5.0% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 7,535 shares of the company’s stock valued at $285,000 after buying an additional 362 shares in the last quarter. MN Wealth Advisors LLC boosted its position in iShares U.S. Thematic Rotation Active ETF by 3.1% in the 3rd quarter. MN Wealth Advisors LLC now owns 13,643 shares of the company’s stock valued at $517,000 after buying an additional 404 shares during the period. United Financial Planning Group LLC bought a new position in iShares U.S. Thematic Rotation Active ETF in the 3rd quarter worth about $27,000. Finally, Kickstand Ventures LLC. grew its stake in iShares U.S. Thematic Rotation Active ETF by 7.4% in the 3rd quarter. Kickstand Ventures LLC. now owns 14,766 shares of the company’s stock worth $559,000 after acquiring an additional 1,021 shares in the last quarter.

iShares U.S. Thematic Rotation Active ETF Stock Performance

NYSEARCA THRO traded down $0.23 during trading on Friday, hitting $38.96. The stock had a trading volume of 964,882 shares, compared to its average volume of 925,104. iShares U.S. Thematic Rotation Active ETF has a one year low of $27.82 and a one year high of $39.44. The stock has a 50 day simple moving average of $38.79 and a 200 day simple moving average of $37.81. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of -3,781.06 and a beta of 1.09.

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.