Short Interest in Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Rises By 308.1%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 10,203 shares, an increase of 308.1% from the June 30th total of 2,500 shares. Currently, 2.8% of the company’s stock are short sold. Based on an average daily volume of 17,804 shares, the days-to-cover ratio is presently 0.6 days.

Teucrium 2x Daily Wheat ETF Trading Down 4.2%

NYSEARCA:WXET opened at $22.53 on Friday. The company’s 50 day moving average price is $19.49 and its 200-day moving average price is $18.67. Teucrium 2x Daily Wheat ETF has a 52 week low of $14.52 and a 52 week high of $24.48.

About Teucrium 2x Daily Wheat ETF

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.