Short Interest in Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Declines By 60.7%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the recipient of a large drop in short interest in the month of 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 trading volume of 17,087 shares, the short-interest ratio is currently 0.1 days. Approximately 0.5% of the shares of the stock are short sold.

Teucrium 2x Daily Wheat ETF Stock Performance

NYSEARCA WXET traded down $0.65 during trading hours on Monday, reaching $16.41. The company’s stock had a trading volume of 13,775 shares, compared to its average volume of 27,513. The company’s 50-day moving average is $19.69 and its two-hundred day moving average is $18.00. Teucrium 2x Daily Wheat ETF has a 1-year low of $14.52 and a 1-year 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.