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

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 661 shares, a drop of 50.5% from the September 15th total of 1,336 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 905 shares, the short-interest ratio is presently 0.7 days.

Alpha Brands Consumption Leaders ETF Stock Performance

Shares of NASDAQ LOGO traded down $0.40 during trading on Wednesday, reaching $20.20. The company had a trading volume of 3,052 shares, compared to its average volume of 3,825. Alpha Brands Consumption Leaders ETF has a twelve month low of $18.37 and a twelve month high of $22.83. The stock has a 50-day moving average price of $20.76 and a two-hundred day moving average price of $20.51.

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\”).