AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 3,474 shares, a growth of 34.1% from the March 15th total of 2,591 shares. Based on an average trading volume of 5,634 shares, the short-interest ratio is presently 0.6 days. Approximately 1.6% of the shares of the stock are short sold.
AdvisorShares HVAC and Industrials ETF Stock Down 1.6%
Shares of NYSEARCA HVAC traded down $0.63 during mid-day trading on Wednesday, reaching $38.31. 8,031 shares of the company were exchanged, compared to its average volume of 7,884. AdvisorShares HVAC and Industrials ETF has a 52 week low of $20.98 and a 52 week high of $39.12. The stock has a market capitalization of $8.43 million, a PE ratio of 20.77 and a beta of 1.38. The company’s 50 day moving average price is $35.80 and its 200 day moving average price is $33.48.
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 purchased a new position in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,159 shares of the company’s stock, valued at approximately $220,000. Susquehanna International Group LLP owned about 6.51% of AdvisorShares HVAC and Industrials ETF as of its most recent SEC filing.
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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