AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Sees Large Decrease in Short Interest

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 376 shares, a drop of 71.3% from the September 15th total of 1,309 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 6,692 shares, the short-interest ratio is currently 0.1 days.

AdvisorShares HVAC and Industrials ETF Price Performance

AdvisorShares HVAC and Industrials ETF stock traded down $0.67 during midday trading on Monday, hitting $34.08. 17,580 shares of the stock were exchanged, compared to its average volume of 8,472. AdvisorShares HVAC and Industrials ETF has a 1 year low of $29.62 and a 1 year high of $43.41. The firm has a market cap of $13.97 million, a P/E ratio of 20.77 and a beta of 1.27. The company has a 50 day moving average price of $34.55 and a two-hundred day moving average price of $37.21.

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.