Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Stock Short Interest Drops 50.5%

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 661 shares, a decline of 50.5% from the September 15th total of 1,336 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 905 shares, the days-to-cover ratio is currently 0.7 days.

Alpha Brands Consumption Leaders ETF Price Performance

Shares of NASDAQ:LOGO traded down $0.40 during trading on Wednesday, hitting $20.20. 3,052 shares of the stock were exchanged, compared to its average volume of 3,825. The company has a fifty day moving average price of $20.76 and a two-hundred day moving average price of $20.51. 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\”).