AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Shares Shorted: Short Interest Up 173.7% in October

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,029 shares, a growth of 173.7% from the September 30th total of 376 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 5,532 shares, the days-to-cover ratio is currently 0.2 days.

AdvisorShares HVAC and Industrials ETF Stock Down 4.4%

Shares of HVAC traded down $1.41 during mid-day trading on Friday, reaching $30.47. 5,706 shares of the stock traded hands, compared to its average volume of 8,234. The firm has a market cap of $11.58 million, a price-to-earnings ratio of 20.77 and a beta of 1.27. The stock has a fifty day simple moving average of $33.35 and a 200 day simple moving average of $36.35. AdvisorShares HVAC and Industrials ETF has a 12-month low of $29.35 and a 12-month high of $43.41.

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.