Short Interest in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Declines By 44.6%

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 98 shares, a drop of 44.6% from the December 31st total of 177 shares. Based on an average trading volume of 2,722 shares, the short-interest ratio is presently 0.0 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 2,722 shares, the short-interest ratio is presently 0.0 days.

AdvisorShares HVAC and Industrials ETF Trading Down 2.1%

Shares of AdvisorShares HVAC and Industrials ETF stock traded down $0.75 during trading on Friday, hitting $34.19. 3,449 shares of the stock traded hands, compared to its average volume of 3,747. AdvisorShares HVAC and Industrials ETF has a 52-week low of $20.01 and a 52-week high of $34.95. The stock’s fifty day simple moving average is $32.50 and its 200 day simple moving average is $31.40. The firm has a market cap of $4.79 million, a P/E ratio of 20.77 and a beta of 2.10.

Hedge Funds Weigh In On AdvisorShares HVAC and Industrials ETF

A hedge fund recently bought a new stake in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP purchased a new position in shares of AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,159 shares of the company’s stock, valued at approximately $220,000. Susquehanna International Group LLP owned about 6.51% of AdvisorShares HVAC and Industrials ETF at the end of the most recent quarter.

AdvisorShares HVAC and Industrials ETF Company Profile

The AdvisorShares HVAC and Industrials ETF (HVAC) is an exchange-traded fund that mostly invests in industrials equity. The fund is actively managed, seeking long-term capital appreciation through investments in US companies within the heating, ventilation, and air conditioning (HVAC) industry and broader industrial sector. The funds advisor considers companies for either growth or value opportunities HVAC was launched on Feb 3, 2025 and is issued by AdvisorShares.