AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Get Free Report) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 12,204 shares, a decrease of 58.0% from the June 30th total of 29,075 shares. Currently, 3.0% of the shares of the stock are short sold. Based on an average daily volume of 10,374 shares, the short-interest ratio is presently 1.2 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP acquired a new position in shares of AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 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 at the end of the most recent quarter.
AdvisorShares HVAC and Industrials ETF Price Performance
Shares of NYSEARCA:HVAC traded down $1.91 during midday trading on Wednesday, hitting $32.69. The company had a trading volume of 23,310 shares, compared to its average volume of 9,055. The business’s 50-day simple moving average is $39.29 and its 200-day simple moving average is $37.45. The stock has a market cap of $13.40 million, a price-to-earnings ratio of 20.77 and a beta of 1.22. AdvisorShares HVAC and Industrials ETF has a twelve month low of $29.31 and a twelve month high of $43.41.
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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