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

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position 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) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 7,159 shares of the company’s stock, valued at approximately $220,000. Susquehanna International Group LLP owned 6.51% of AdvisorShares HVAC and Industrials ETF as of its most recent SEC filing.

AdvisorShares HVAC and Industrials ETF Price Performance

Shares of NYSEARCA:HVAC traded down $0.16 during midday trading on Friday, reaching $37.92. The company had a trading volume of 7,468 shares, compared to its average volume of 9,122. The stock’s fifty day moving average price is $40.29 and its 200-day moving average price is $37.01. The stock has a market capitalization of $14.79 million, a P/E ratio of 20.77 and a beta of 1.22. AdvisorShares HVAC and Industrials ETF has a one year low of $28.57 and a one year 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.