Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Short Interest Up 77.6% in July

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 18,124 shares, an increase of 77.6% from the July 15th total of 10,203 shares. Based on an average daily volume of 17,958 shares, the short-interest ratio is presently 1.0 days. Approximately 6.0% of the company’s shares are sold short.

Teucrium 2x Daily Wheat ETF Price Performance

WXET remained flat at $21.85 during midday trading on Tuesday. The company’s stock had a trading volume of 5,004 shares, compared to its average volume of 24,645. Teucrium 2x Daily Wheat ETF has a fifty-two week low of $14.52 and a fifty-two week high of $24.48. The firm has a 50 day moving average price of $19.68 and a two-hundred day moving average price of $19.30.

Teucrium 2x Daily Wheat ETF Company Profile

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.