Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Sees Large Decrease in Short Interest

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 242,033 shares, a drop of 92.7% from the June 15th total of 3,332,693 shares. Based on an average trading volume of 345,610 shares, the days-to-cover ratio is currently 0.7 days. Approximately 5.8% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Teucrium 2x Long Daily XRP ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & 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 at the end of the most recent reporting period.

Teucrium 2x Long Daily XRP ETF Trading Up 1.6%

Teucrium 2x Long Daily XRP ETF stock traded up $0.35 during mid-day trading on Friday, hitting $22.93. 161,435 shares of the company traded hands, compared to its average volume of 264,296. The stock has a fifty day moving average price of $30.54 and a 200-day moving average price of $52.30. Teucrium 2x Long Daily XRP ETF has a one year low of $19.33 and a one year high of $688.80.

About Teucrium 2x Long Daily XRP ETF

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.