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

Teucrium 2x Daily Corn ETF (NYSEARCA:CXRN) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,306 shares, a decline of 82.9% from the June 15th total of 7,657 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 9,535 shares, the days-to-cover ratio is presently 0.1 days.

Teucrium 2x Daily Corn ETF Stock Performance

CXRN stock traded up $0.66 during trading on Friday, hitting $16.56. 16,342 shares of the stock traded hands, compared to its average volume of 14,350. Teucrium 2x Daily Corn ETF has a 1 year low of $14.22 and a 1 year high of $21.29. The firm’s 50 day moving average is $17.28 and its two-hundred day moving average is $18.46.

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.