iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Down 19.3% in December

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 169,282 shares, a decline of 19.3% from the November 30th total of 209,885 shares. Based on an average trading volume of 862,563 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 862,563 shares, the days-to-cover ratio is presently 0.2 days.

iShares U.S. Thematic Rotation Active ETF Price Performance

Shares of NYSEARCA:THRO traded down $0.21 during midday trading on Wednesday, hitting $38.67. 442,702 shares of the company’s stock were exchanged, compared to its average volume of 1,172,431. The stock has a 50 day moving average price of $38.44 and a 200-day moving average price of $37.22. iShares U.S. Thematic Rotation Active ETF has a 12 month low of $27.82 and a 12 month high of $39.22. The company has a market cap of $6.55 billion, a PE ratio of -3,751.46 and a beta of 1.09.

Institutional Investors Weigh In On iShares U.S. Thematic Rotation Active ETF

Institutional investors have recently made changes to their positions in the stock. United Financial Planning Group LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 3rd quarter valued at about $27,000. Parallel Advisors LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the 2nd quarter worth approximately $39,000. Family Legacy Financial Solutions LLC purchased a new position in iShares U.S. Thematic Rotation Active ETF during the 3rd quarter valued at $46,000. Wells Financial Advisors INC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF in the 2nd quarter worth approximately $47,000. Finally, Harbor Investment Advisory LLC bought a new position in iShares U.S. Thematic Rotation Active ETF in the second quarter worth $58,000.

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.