Short Interest in Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Declines By 62.4%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 5,310 shares, a drop of 62.4% from the May 14th total of 14,128 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average daily volume of 33,804 shares, the short-interest ratio is currently 0.2 days.

Teucrium 2x Daily Wheat ETF Trading Down 0.3%

NYSEARCA:WXET traded down $0.05 on Friday, hitting $17.54. The stock had a trading volume of 9,454 shares, compared to its average volume of 28,830. The business’s 50-day simple moving average is $19.83 and its two-hundred day simple moving average is $17.89. Teucrium 2x Daily Wheat ETF has a 52-week low of $14.52 and a 52-week high of $24.02.

Teucrium 2x Daily Wheat ETF Company Profile

The Teucrium 2x Daily Wheat ETF (WXET) is an exchange-traded fund that mostly invests in wheat commodities. The fund is an actively managed fund that seeks 200% the daily price performance of wheat futures. The fund invests via a subsidiary that holds the contracts WXET was launched on Dec 12, 2024 and is issued by Teucrium.