AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 8,265 shares, a growth of 320.8% from the July 30th total of 1,964 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average daily volume of 6,075 shares, the short-interest ratio is currently 1.4 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 bought a new stake in shares of AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The fund 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 SEC.
AdvisorShares HVAC and Industrials ETF Stock Up 1.4%
AdvisorShares HVAC and Industrials ETF stock traded up $0.46 during mid-day trading on Wednesday, reaching $34.16. The company had a trading volume of 4,336 shares, compared to its average volume of 8,962. The company has a 50 day moving average of $37.46 and a 200-day moving average of $37.66. AdvisorShares HVAC and Industrials ETF has a 52 week low of $29.31 and a 52 week high of $43.41. The firm has a market cap of $14.01 million, a price-to-earnings ratio of 20.77 and a beta of 1.34.
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.
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