Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Short Interest Up 57.2% in May

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) was the target of a significant 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. Based on an average daily trading volume, of 1,285 shares, the days-to-cover ratio is presently 3.2 days. Currently, 0.3% of the shares of the stock are sold short.

Alpha Brands Consumption Leaders ETF Stock Performance

Shares of Alpha Brands Consumption Leaders ETF stock traded up $0.13 during trading on Wednesday, reaching $20.86. The company’s stock had a trading volume of 96 shares, compared to its average volume of 5,221. The stock has a 50-day moving average price of $20.55 and a two-hundred day moving average price of $20.44. Alpha Brands Consumption Leaders ETF has a one year low of $18.37 and a one year high of $22.83.

About Alpha Brands Consumption Leaders ETF

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\”).