Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Short Interest Down 56.7% in July

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 2,759 shares, a decrease of 56.7% from the July 15th total of 6,366 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,161 shares, the days-to-cover ratio is currently 0.7 days.

Alpha Brands Consumption Leaders ETF Stock Down 0.4%

NASDAQ LOGO traded down $0.09 on Friday, reaching $21.39. 456 shares of the company’s stock traded hands, compared to its average volume of 4,548. Alpha Brands Consumption Leaders ETF has a 12 month low of $18.37 and a 12 month high of $22.83. The stock has a 50-day simple moving average of $20.58 and a 200 day simple moving average of $20.29.

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\”).