iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Down 18.6% in January

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 232,455 shares, a drop of 18.6% from the January 15th total of 285,521 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 901,824 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 901,824 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

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

Several institutional investors have recently made changes to their positions in the company. Icon Wealth Advisors LLC boosted its holdings in iShares U.S. Thematic Rotation Active ETF by 4.6% during the fourth quarter. Icon Wealth Advisors LLC now owns 588,559 shares of the company’s stock worth $22,695,000 after buying an additional 26,058 shares in the last quarter. Gen Wealth Partners Inc boosted its stake in shares of iShares U.S. Thematic Rotation Active ETF by 12.3% during the 4th quarter. Gen Wealth Partners Inc now owns 127,781 shares of the company’s stock worth $4,927,000 after acquiring an additional 14,028 shares in the last quarter. Mosley Wealth Management purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF in the 4th quarter valued at about $1,658,000. Janney Montgomery Scott LLC raised its holdings in iShares U.S. Thematic Rotation Active ETF by 2.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,533,088 shares of the company’s stock worth $97,676,000 after purchasing an additional 53,645 shares during the period. Finally, Commonwealth Retirement Investments LLC raised its holdings in iShares U.S. Thematic Rotation Active ETF by 10.5% in the 4th quarter. Commonwealth Retirement Investments LLC now owns 44,556 shares of the company’s stock worth $1,718,000 after purchasing an additional 4,248 shares during the period.

iShares U.S. Thematic Rotation Active ETF Price Performance

Shares of THRO remained flat at $37.98 during mid-day trading on Monday. The stock had a trading volume of 1,092,164 shares, compared to its average volume of 989,769. The firm has a market capitalization of $7.17 billion, a PE ratio of -3,685.95 and a beta of 1.09. iShares U.S. Thematic Rotation Active ETF has a 1 year low of $27.82 and a 1 year high of $39.44. The company has a 50-day moving average price of $38.78 and a 200 day moving average price of $38.01.

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.