Short Interest in Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Declines By 89.5%

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 374 shares, a drop of 89.5% from the August 15th total of 3,556 shares. Based on an average daily volume of 1,267 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Alpha Brands Consumption Leaders ETF Stock Performance

Shares of NASDAQ:LOGO traded down $0.07 during midday trading on Thursday, hitting $20.28. 40 shares of the stock were exchanged, compared to its average volume of 4,198. The business’s 50-day moving average price is $20.76 and its 200 day moving average price is $20.39. Alpha Brands Consumption Leaders ETF has a 12 month low of $18.37 and a 12 month high of $22.83.

Alpha Brands Consumption Leaders ETF Company Profile

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Accuvest Iconic U.S. Brands Index (\”underlying index\”).\n The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to track the broad-based performance of U.S. listed and domiciled securities with Iconic Brands, which are identified and selected based on a proprietary methodology developed by Accuvest Global Advisors (the \”index provider\”).