Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Short Interest Down 62.0% in August

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,458 shares, a decline of 62.0% from the August 15th total of 22,239 shares. Based on an average daily volume of 34,247 shares, the days-to-cover ratio is presently 0.2 days. Approximately 2.8% of the shares of the stock are short sold.

Teucrium 2x Daily Wheat ETF Price Performance

Teucrium 2x Daily Wheat ETF stock traded down $1.09 on Friday, reaching $24.02. The company’s stock had a trading volume of 24,050 shares, compared to its average volume of 25,509. The business’s fifty day moving average price is $22.33 and its 200 day moving average price is $20.37. Teucrium 2x Daily Wheat ETF has a twelve month low of $14.52 and a twelve month high of $28.83.

Teucrium 2x Daily Wheat ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 25th were given a dividend of $0.0331 per share. The ex-dividend date was Tuesday, August 25th. This represents a c) annualized dividend and a yield of 1.7%.

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.