AdvisorShares Hotel ETF (NYSEARCA:BEDZ) Short Interest Update

AdvisorShares Hotel ETF (NYSEARCA:BEDZ) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 4,059 shares, a decline of 33.6% from the June 30th total of 6,114 shares. Based on an average daily volume of 746 shares, the days-to-cover ratio is currently 5.4 days. Currently, 5.1% of the shares of the stock are sold short.

AdvisorShares Hotel ETF Price Performance

BEDZ stock opened at $37.38 on Friday. The firm has a 50 day simple moving average of $36.36 and a two-hundred day simple moving average of $34.05. The stock has a market cap of $2.99 million, a PE ratio of 16.44 and a beta of 1.10. AdvisorShares Hotel ETF has a one year low of $30.45 and a one year high of $38.31.

AdvisorShares Hotel ETF Company Profile

The AdvisorShares Hotel ETF (BEDZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is an actively managed ETF that provides exposure to US hotels, resorts, cruise lines and their sub-industries. BEDZ was launched on Apr 20, 2021 and is managed by AdvisorShares.