Short Interest in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Declines By 83.9%

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,964 shares, a decrease of 83.9% from the July 15th total of 12,204 shares. Based on an average daily trading volume, of 8,677 shares, the short-interest ratio is presently 0.2 days. Approximately 0.5% of the shares of the company are short sold.

Hedge Funds Weigh In On AdvisorShares HVAC and Industrials ETF

An institutional investor recently bought a new stake in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP purchased a new stake in shares of AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 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 quarter.

AdvisorShares HVAC and Industrials ETF Trading Up 2.7%

Shares of HVAC stock traded up $0.97 on Wednesday, hitting $37.26. 3,426 shares of the stock were exchanged, compared to its average volume of 8,778. The firm’s 50 day moving average is $38.39 and its two-hundred day moving average is $37.59. AdvisorShares HVAC and Industrials ETF has a one year low of $29.31 and a one year high of $43.41. The firm has a market capitalization of $15.28 million, a PE 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.