AdvisorShares Hotel ETF (NYSEARCA:BEDZ) Short Interest Up 491.8% in December

AdvisorShares Hotel ETF (NYSEARCA:BEDZ) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 290 shares, an increase of 491.8% from the November 30th total of 49 shares. Based on an average daily volume of 457 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 457 shares, the short-interest ratio is presently 0.6 days.

AdvisorShares Hotel ETF Trading Down 0.3%

NYSEARCA BEDZ traded down $0.09 on Friday, hitting $33.92. 1,244 shares of the company were exchanged, compared to its average volume of 1,139. The company has a market cap of $3.05 million, a P/E ratio of 16.44 and a beta of 1.16. AdvisorShares Hotel ETF has a 1-year low of $24.59 and a 1-year high of $35.45. The firm has a 50 day moving average of $32.75 and a two-hundred day moving average of $32.95.

AdvisorShares Hotel ETF Company Profile

The AdvisorShares Hotel ETF (BEDZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is an actively managed ETF that provides exposure to US hotels, resorts, cruise lines and their sub-industries. BEDZ was launched on Apr 20, 2021 and is managed by AdvisorShares.