AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Sees Large Decrease in Short Interest

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 98 shares, a drop of 44.6% from the December 31st total of 177 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,722 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 2,722 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of AdvisorShares HVAC and Industrials ETF

A hedge fund recently bought a new stake in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP acquired a new stake in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,159 shares of the company’s stock, valued at approximately $220,000. Susquehanna International Group LLP owned 6.51% of AdvisorShares HVAC and Industrials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

AdvisorShares HVAC and Industrials ETF Trading Down 2.1%

Shares of HVAC traded down $0.75 during midday trading on Friday, reaching $34.19. 3,449 shares of the stock were exchanged, compared to its average volume of 3,747. The company’s 50 day moving average is $32.50 and its two-hundred day moving average is $31.41. The company has a market capitalization of $4.79 million, a P/E ratio of 20.77 and a beta of 2.10. AdvisorShares HVAC and Industrials ETF has a 52 week low of $20.01 and a 52 week high of $34.95.

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.