Short Interest in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Rises By 782.4%

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 29,075 shares, a growth of 782.4% from the June 15th total of 3,295 shares. Currently, 7.5% of the company’s stock are short sold. Based on an average daily trading volume, of 12,613 shares, the short-interest ratio is currently 2.3 days.

AdvisorShares HVAC and Industrials ETF Stock Performance

NYSEARCA:HVAC opened at $37.92 on Monday. AdvisorShares HVAC and Industrials ETF has a 1 year low of $28.57 and a 1 year high of $43.41. The stock has a market cap of $15.55 million, a P/E ratio of 20.77 and a beta of 1.22. The stock has a 50-day simple moving average of $40.29 and a 200-day simple moving average of $37.05.

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 AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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.