AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,295 shares, a drop of 73.0% from the May 31st total of 12,226 shares. Based on an average daily volume of 12,405 shares, the short-interest ratio is presently 0.3 days. Currently, 1.3% of the company’s shares are short sold.
AdvisorShares HVAC and Industrials ETF Price Performance
Shares of NYSEARCA:HVAC traded down $2.68 on Friday, hitting $39.77. 17,317 shares of the company’s stock were exchanged, compared to its average volume of 8,708. The stock has a market capitalization of $9.94 million, a price-to-earnings ratio of 20.77 and a beta of 1.27. AdvisorShares HVAC and Industrials ETF has a 12 month low of $27.57 and a 12 month high of $43.41. The business’s 50 day simple moving average is $40.36 and its two-hundred day simple moving average is $36.52.
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 position in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 at the end of the most recent reporting period.
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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