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

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 18,124 shares, a growth of 77.6% from the July 15th total of 10,203 shares. Approximately 6.0% of the company’s stock are short sold. Based on an average daily volume of 17,958 shares, the short-interest ratio is currently 1.0 days.

Teucrium 2x Daily Wheat ETF Stock Performance

Shares of WXET stock traded down $0.35 during trading hours on Monday, hitting $21.53. 1,710 shares of the company were exchanged, compared to its average volume of 24,708. Teucrium 2x Daily Wheat ETF has a one year low of $14.52 and a one year high of $24.48. The business’s 50-day simple moving average is $19.59 and its two-hundred day simple moving average is $19.25.

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.