Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) Sees Significant Decline in Short Interest

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 244 shares, a decline of 63.1% from the September 30th total of 661 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,288 shares, the days-to-cover ratio is currently 0.1 days.

Alpha Brands Consumption Leaders ETF Trading Down 2.5%

Shares of NASDAQ LOGO traded down $0.51 during trading hours on Friday, hitting $19.75. The company had a trading volume of 4,795 shares, compared to its average volume of 3,714. Alpha Brands Consumption Leaders ETF has a 1-year low of $18.37 and a 1-year high of $22.83. The firm’s 50 day moving average is $20.49 and its 200-day moving average is $20.39.

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\”).