Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Sees Significant Increase in Short Interest

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 4,075 shares, a growth of 57.2% from the May 14th total of 2,593 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 1,285 shares, the days-to-cover ratio is presently 3.2 days.

Alpha Brands Consumption Leaders ETF Stock Down 0.0%

Shares of LOGO stock traded down $0.00 during trading on Tuesday, reaching $20.86. 49 shares of the company’s stock were exchanged, compared to its average volume of 5,266. Alpha Brands Consumption Leaders ETF has a twelve month low of $18.37 and a twelve month high of $22.83. The firm’s fifty day moving average price is $20.51 and its 200-day moving average price is $20.44.

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\”).