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

Alpha Brands Consumption Leaders ETF (NASDAQ:LOGO) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 4,075 shares, an increase of 57.2% from the May 14th total of 2,593 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 1,285 shares, the days-to-cover ratio is presently 3.2 days.

Alpha Brands Consumption Leaders ETF Price Performance

NASDAQ:LOGO opened at $20.34 on Thursday. The stock has a fifty day moving average of $20.57 and a 200 day moving average of $20.44. Alpha Brands Consumption Leaders ETF has a 52-week low of $18.37 and a 52-week 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\”).