AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Short Interest Down 41.3% in August

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 4,854 shares, a decrease of 41.3% from the August 15th total of 8,265 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,323 shares, the days-to-cover ratio is currently 0.5 days.

AdvisorShares HVAC and Industrials ETF Price Performance

NYSEARCA HVAC traded up $0.23 on Wednesday, reaching $32.65. 7,013 shares of the company’s stock traded hands, compared to its average volume of 8,725. The stock has a market cap of $32.62 million, a PE ratio of 20.77 and a beta of 1.30. AdvisorShares HVAC and Industrials ETF has a 12 month low of $29.62 and a 12 month high of $43.41. The stock has a 50-day simple moving average of $35.22 and a 200 day simple moving average of $37.27.

AdvisorShares HVAC and Industrials ETF Company Profile

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.