Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Stock Price Down 8% – Should You Sell?

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP)’s stock price dropped 8% during mid-day trading on Thursday . The stock traded as low as $9.93 and last traded at $9.97. Approximately 1,616,603 shares changed hands during trading, an increase of 30% from the average daily volume of 1,239,499 shares. The stock had previously closed at $10.84.

Teucrium 2x Long Daily XRP ETF Stock Up 11.1%

The stock has a fifty day moving average of $17.37 and a 200 day moving average of $29.85.

Hedge Funds Weigh In On Teucrium 2x Long Daily XRP ETF

An institutional investor recently bought a new position in Teucrium 2x Long Daily XRP ETF stock. Flow Traders U.S. LLC purchased a new position in Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,266 shares of the company’s stock, valued at approximately $428,000. Flow Traders U.S. LLC owned approximately 0.08% of Teucrium 2x Long Daily XRP ETF as of its most recent SEC filing.

Teucrium 2x Long Daily XRP ETF Company Profile

The Teucrium 2x Long Daily XRP ETF (XXRP) is an exchange-traded fund that mostly invests in long xrp, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of XRP, less fees, and expenses. The fund uses over-the-counter swaps, futures, and XRP-related securities to pursue its objective XXRP was launched on Apr 8, 2025 and is issued by Teucrium.