AdvisorShares Hotel ETF (NYSEARCA:BEDZ) Short Interest Up 160.0% in December

AdvisorShares Hotel ETF (NYSEARCA:BEDZ) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 754 shares, an increase of 160.0% from the December 15th total of 290 shares. Based on an average trading volume of 8,771 shares, the short-interest ratio is currently 0.1 days. Approximately 0.8% of the company’s stock are sold short. Approximately 0.8% of the company’s stock are sold short. Based on an average trading volume of 8,771 shares, the short-interest ratio is currently 0.1 days.

AdvisorShares Hotel ETF Stock Performance

Shares of BEDZ opened at $34.31 on Wednesday. The stock has a market cap of $3.43 million, a PE ratio of 16.44 and a beta of 1.16. AdvisorShares Hotel ETF has a fifty-two week low of $24.59 and a fifty-two week high of $35.45. The firm’s 50-day simple moving average is $33.16 and its two-hundred day simple moving average is $33.31.

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.