AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Short Interest Down 41.3% in August

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 4,854 shares, a drop of 41.3% from the August 15th total of 8,265 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,323 shares, the days-to-cover ratio is currently 0.5 days.

AdvisorShares HVAC and Industrials ETF Stock Up 0.7%

Shares of NYSEARCA HVAC traded up $0.23 during mid-day trading on Wednesday, reaching $32.65. 7,013 shares of the company were exchanged, compared to its average volume of 8,725. AdvisorShares HVAC and Industrials ETF has a 52 week low of $29.62 and a 52 week high of $43.41. The company’s 50 day moving average price is $35.22 and its 200 day moving average price is $37.27. The stock has a market capitalization of $32.62 million, a PE ratio of 20.77 and a beta of 1.30.

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.