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

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 14,128 shares, a drop of 67.9% from the April 30th total of 44,069 shares. Approximately 3.6% of the shares of the stock are sold short. Based on an average trading volume of 47,336 shares, the short-interest ratio is currently 0.3 days.

Teucrium 2x Daily Wheat ETF Price Performance

NYSEARCA:WXET opened at $19.12 on Monday. The business’s 50-day moving average price is $20.20 and its 200 day moving average price is $17.86. 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.