AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Short Interest Update

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 8,265 shares, an increase of 320.8% from the July 30th total of 1,964 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily volume of 6,075 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP acquired a new position in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,159 shares of the company’s stock, valued at approximately $220,000. Susquehanna International Group LLP owned approximately 6.51% of AdvisorShares HVAC and Industrials ETF at the end of the most recent reporting period.

AdvisorShares HVAC and Industrials ETF Stock Performance

Shares of NYSEARCA HVAC traded down $1.17 during midday trading on Friday, hitting $33.05. The company’s stock had a trading volume of 5,201 shares, compared to its average volume of 8,921. The firm’s fifty day moving average price is $37.16 and its 200-day moving average price is $37.65. AdvisorShares HVAC and Industrials ETF has a 1-year low of $29.31 and a 1-year high of $43.41. The firm has a market cap of $13.55 million, a P/E ratio of 20.77 and a beta of 1.34.

About AdvisorShares HVAC and Industrials ETF

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.