Product List Description display

When I show full short descriptions in item list, the html is lost and it only shows the text. Ex:

Product short description html:

Item # SPI-1653<br>
<strong>Manufacturer:</strong> Spiro<br>
<strong>Condition:</strong> Used - Good<br>
<strong>Location:?</strong>OFFSITE<br>
<strong>Description:</strong> Used Spiro Model 600 Tubeformer And With 3 Roll Units, vertical decoiler, run off tables and more.

But when it shows in the product list, it shows as one long paragraph.

Is there a way to keep the product short description html?