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 in 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. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,047,461 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. acquired a new stake in iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth approximately $51,077,000. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Thematic Rotation Active ETF by 3.4% during the fourth quarter. JPMorgan Chase & Co. now owns 10,647,530 shares of the company’s stock worth $410,569,000 after acquiring an additional 353,519 shares during the period. Bank of New York Mellon Corp increased its position in shares of iShares U.S. Thematic Rotation Active ETF by 11.7% during the first quarter. Bank of New York Mellon Corp now owns 2,606,084 shares of the company’s stock worth $94,392,000 after acquiring an additional 272,849 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of iShares U.S. Thematic Rotation Active ETF by 8.2% in the first quarter. Janney Montgomery Scott LLC now owns 2,740,311 shares of the company’s stock valued at $99,254,000 after acquiring an additional 207,223 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in iShares U.S. Thematic Rotation Active ETF by 32.9% in the fourth quarter. Farther Finance Advisors LLC now owns 342,503 shares of the company’s stock valued at $13,207,000 after purchasing an additional 84,874 shares during the period.

iShares U.S. Thematic Rotation Active ETF Stock Performance

Shares of THRO traded up $0.21 during midday trading on Friday, hitting $43.23. 556,813 shares of the stock were exchanged, compared to its average volume of 1,569,787. iShares U.S. Thematic Rotation Active ETF has a 52-week low of $34.94 and a 52-week high of $43.76. The stock has a fifty day simple moving average of $42.64 and a 200 day simple moving average of $39.87. The firm has a market cap of $6.50 billion, a P/E ratio of -4,195.46 and a beta of 1.10.

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.