AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Sees Significant Growth in Short Interest

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 29,075 shares, an increase of 782.4% from the June 15th total of 3,295 shares. Based on an average daily trading volume, of 12,613 shares, the short-interest ratio is currently 2.3 days. Approximately 7.5% of the company’s shares are short sold.

AdvisorShares HVAC and Industrials ETF Trading Down 0.4%

Shares of NYSEARCA HVAC traded down $0.16 on Friday, reaching $37.92. 7,468 shares of the company traded hands, compared to its average volume of 9,122. AdvisorShares HVAC and Industrials ETF has a fifty-two week low of $28.57 and a fifty-two week high of $43.41. The company has a 50 day moving average of $40.29 and a 200 day moving average of $37.01. The stock has a market capitalization of $14.79 million, a PE ratio of 20.77 and a beta of 1.22.

Hedge Funds Weigh In On AdvisorShares HVAC and Industrials ETF

An institutional investor recently bought a new stake in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP bought a new position in shares of AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 as of its most recent filing with the Securities and Exchange Commission.

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.