Short Interest in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Drops By 56.6%

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 2,591 shares, a decline of 56.6% from the February 26th total of 5,969 shares. Approximately 1.9% of the company’s shares are short sold. Based on an average daily volume of 8,940 shares, the days-to-cover ratio is presently 0.3 days.

AdvisorShares HVAC and Industrials ETF Stock Down 0.3%

Shares of NYSEARCA:HVAC traded down $0.09 on Friday, hitting $33.78. The company had a trading volume of 1,616 shares, compared to its average volume of 8,100. The firm’s 50-day simple moving average is $35.39 and its two-hundred day simple moving average is $32.95. AdvisorShares HVAC and Industrials ETF has a 1 year low of $20.01 and a 1 year high of $38.62. The firm has a market capitalization of $4.73 million, a price-to-earnings ratio of 20.77 and a beta of 2.10.

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 shares of AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund 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.

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.