AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Sees Significant Increase in Short Interest

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 300 shares, a growth of 50.0% from the September 15th total of 200 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 4,600 shares, the short-interest ratio is currently 0.1 days.

AdvisorShares HVAC and Industrials ETF Stock Down 2.6%

Shares of AdvisorShares HVAC and Industrials ETF stock opened at $30.89 on Thursday. The stock’s 50-day simple moving average is $30.61 and its 200-day simple moving average is $27.80. AdvisorShares HVAC and Industrials ETF has a 52 week low of $20.01 and a 52 week high of $31.98. The company has a market capitalization of $3.40 million and a price-to-earnings ratio of 20.77.

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.