Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Short Interest Down 89.5% in August

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 374 shares, a drop of 89.5% from the August 15th total of 3,556 shares. Based on an average daily trading volume, of 1,267 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Alpha Brands Consumption Leaders ETF Stock Performance

Alpha Brands Consumption Leaders ETF stock traded up $0.14 during trading hours on Friday, reaching $20.40. 261 shares of the company’s stock were exchanged, compared to its average volume of 4,176. The firm’s 50 day simple moving average is $20.76 and its 200 day simple moving average is $20.39. Alpha Brands Consumption Leaders ETF has a twelve month low of $18.37 and a twelve 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\”).