Teucrium 2x Daily Corn ETF (NYSEARCA:CXRN) Sees Large Increase in Short Interest

Teucrium 2x Daily Corn ETF (NYSEARCA:CXRN) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 6,319 shares, a growth of 91.5% from the July 30th total of 3,300 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,250 shares, the short-interest ratio is presently 1.9 days.

Teucrium 2x Daily Corn ETF Trading Up 1.7%

Shares of NYSEARCA CXRN traded up $0.37 during mid-day trading on Friday, hitting $22.00. 11,425 shares of the company traded hands, compared to its average volume of 13,027. Teucrium 2x Daily Corn ETF has a 1 year low of $14.22 and a 1 year high of $22.30. The business has a 50 day moving average of $17.27 and a two-hundred day moving average of $18.28.

About Teucrium 2x Daily Corn ETF

The Teucrium 2x Daily Corn ETF (CXRN) is an exchange-traded fund that mostly invests in corn commodities. The fund is an actively managed fund that seeks 200% the daily price performance of corn futures. The fund invests via a subsidiary that holds the contracts CXRN was launched on Dec 12, 2024 and is issued by Teucrium.