AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) Shares Shorted: Short Interest Down 73.0% in September

AdvisorShares HVAC and Industrials ETF (NYSEARCA:HVAC) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,309 shares, a decrease of 73.0% from the August 31st total of 4,854 shares. Based on an average daily volume of 5,516 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

AdvisorShares HVAC and Industrials ETF Stock Down 1.2%

NYSEARCA:HVAC traded down $0.43 during trading hours on Monday, reaching $34.17. 11,597 shares of the company’s stock were exchanged, compared to its average volume of 8,639. The company has a market capitalization of $14.01 million, a P/E ratio of 20.77 and a beta of 1.30. AdvisorShares HVAC and Industrials ETF has a 12 month low of $29.62 and a 12 month high of $43.41. The business’s 50-day simple moving average is $34.77 and its two-hundred day simple moving average is $37.18.

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.