AdvisorShares Hotel ETF (NYSEARCA:BEDZ) Short Interest Update

AdvisorShares Hotel ETF (NYSEARCA:BEDZ) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 500 shares, a decrease of 28.6% from the August 31st total of 700 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 800 shares, the short-interest ratio is presently 0.6 days.

AdvisorShares Hotel ETF Stock Performance

Shares of AdvisorShares Hotel ETF stock opened at $33.36 on Tuesday. The company has a fifty day moving average of $33.79 and a 200 day moving average of $31.30. The company has a market capitalization of $3.00 million, a P/E ratio of 16.44 and a beta of 1.10. AdvisorShares Hotel ETF has a fifty-two week low of $24.59 and a fifty-two week high of $35.45.

About AdvisorShares Hotel ETF

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.