iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Up 174.6% in July

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 297,881 shares, an increase of 174.6% from the June 30th total of 108,482 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 661,403 shares, the short-interest ratio is currently 0.5 days.

iShares U.S. Thematic Rotation Active ETF Stock Performance

THRO traded down $0.09 during midday trading on Tuesday, hitting $42.03. The company had a trading volume of 438,225 shares, compared to its average volume of 1,484,640. iShares U.S. Thematic Rotation Active ETF has a twelve month low of $34.94 and a twelve month high of $43.76. The company has a market capitalization of $6.34 billion, a PE ratio of -4,079.00 and a beta of 1.10. The firm’s 50-day simple moving average is $42.75 and its 200-day simple moving average is $40.17.

Institutional Trading of iShares U.S. Thematic Rotation Active ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in iShares U.S. Thematic Rotation Active ETF by 3.4% in the 4th quarter. JPMorgan Chase & Co. now owns 10,647,530 shares of the company’s stock valued at $410,569,000 after buying an additional 353,519 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in 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 during the last quarter. Bank of New York Mellon Corp increased its position in iShares U.S. Thematic Rotation Active ETF by 11.7% in 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 purchasing an additional 272,849 shares during the period. Ameriprise Financial Inc. bought a new stake in iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth about $51,077,000. Finally, United Capital Financial Advisors LLC raised its holdings in iShares U.S. Thematic Rotation Active ETF by 2.0% during the 3rd quarter. United Capital Financial Advisors LLC now owns 1,220,914 shares of the company’s stock worth $46,224,000 after purchasing an additional 23,936 shares during the last quarter.

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.