AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Get Free Report) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,295 shares, a drop of 73.0% from the May 31st total of 12,226 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 12,405 shares, the days-to-cover ratio is presently 0.3 days.
AdvisorShares HVAC and Industrials ETF Stock Performance
AdvisorShares HVAC and Industrials ETF stock opened at $39.77 on Friday. The company’s 50 day simple moving average is $40.36 and its 200-day simple moving average is $36.49. The company has a market capitalization of $9.94 million, a price-to-earnings ratio of 20.77 and a beta of 1.27. AdvisorShares HVAC and Industrials ETF has a 1 year low of $27.57 and a 1 year high of $43.41.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP acquired a new stake in AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 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.
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.
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