AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Short Interest Update

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,854 shares, a decline of 41.3% from the August 15th total of 8,265 shares. Based on an average daily volume of 10,323 shares, the short-interest ratio is currently 0.5 days. Currently, 1.2% of the shares of the company are short sold.

AdvisorShares HVAC and Industrials ETF Stock Performance

Shares of NYSEARCA HVAC traded up $0.09 during trading hours on Friday, reaching $33.27. 803 shares of the stock were exchanged, compared to its average volume of 8,644. The firm has a market capitalization of $33.24 million, a price-to-earnings ratio of 20.77 and a beta of 1.30. AdvisorShares HVAC and Industrials ETF has a 52 week low of $29.62 and a 52 week high of $43.41. The stock’s fifty day simple moving average is $35.12 and its 200 day simple moving average is $37.25.

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.