Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Shares Shorted: Short Interest Up 257.2% in September

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,336 shares, a growth of 257.2% from the August 31st total of 374 shares. Based on an average trading volume of 750 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.1% of the shares of the stock are short sold.

Alpha Brands Consumption Leaders ETF Price Performance

NASDAQ:LOGO traded up $0.01 during midday trading on Friday, hitting $20.45. 398 shares of the stock were exchanged, compared to its average volume of 3,980. Alpha Brands Consumption Leaders ETF has a one year low of $18.37 and a one year high of $22.83. The business has a 50-day moving average price of $20.72 and a two-hundred day moving average price of $20.42.

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\”).