Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Sees Significant Decline in Short Interest

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 2,087 shares, a drop of 60.7% from the May 31st total of 5,310 shares. Based on an average daily volume of 17,087 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.5% of the company’s stock are short sold.

Teucrium 2x Daily Wheat ETF Stock Performance

Shares of Teucrium 2x Daily Wheat ETF stock opened at $17.01 on Wednesday. The company has a fifty day simple moving average of $19.60 and a 200-day simple moving average of $18.01. Teucrium 2x Daily Wheat ETF has a 12-month low of $14.52 and a 12-month high of $24.02.

About Teucrium 2x Daily Wheat ETF

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.