AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Get Free Report) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 3,295 shares, a decrease of 73.0% from the May 31st total of 12,226 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 12,405 shares, the short-interest ratio is presently 0.3 days.
Institutional Investors Weigh In On AdvisorShares HVAC and Industrials ETF
A hedge fund recently bought a new position in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP acquired a new position in shares of AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Free Report) in the 3rd quarter, according to its most recent disclosure 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 as of its most recent filing with the SEC.
AdvisorShares HVAC and Industrials ETF Stock Performance
Shares of HVAC opened at $39.77 on Friday. The company’s 50-day simple moving average is $40.36 and its 200-day simple moving average is $36.49. AdvisorShares HVAC and Industrials ETF has a 1 year low of $27.57 and a 1 year high of $43.41. The stock has a market capitalization of $9.94 million, a PE ratio of 20.77 and a beta of 1.27.
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.
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