AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Sees Significant Drop in Short Interest

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 177 shares, a drop of 70.1% from the December 15th total of 592 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 2,668 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 2,668 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AdvisorShares HVAC and Industrials ETF stock. Susquehanna International Group LLP bought a new position in shares of AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 reporting period.

AdvisorShares HVAC and Industrials ETF Stock Performance

NYSEARCA:HVAC traded up $0.38 during trading on Tuesday, reaching $33.44. The company’s stock had a trading volume of 2,320 shares, compared to its average volume of 2,340. AdvisorShares HVAC and Industrials ETF has a 12 month low of $20.01 and a 12 month high of $33.49. The firm has a 50 day moving average of $31.82 and a 200-day moving average of $30.86. The firm has a market cap of $4.68 million, a price-to-earnings ratio of 20.77 and a beta of 2.10.

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.