Short Interest in Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Decreases By 62.0%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 8,458 shares, a drop of 62.0% from the August 15th total of 22,239 shares. Currently, 2.8% of the shares of the company are short sold. Based on an average daily trading volume, of 34,247 shares, the days-to-cover ratio is currently 0.2 days.

Teucrium 2x Daily Wheat ETF Stock Up 1.6%

WXET traded up $0.38 on Tuesday, hitting $24.14. 11,096 shares of the company traded hands, compared to its average volume of 25,359. The company has a 50 day moving average of $22.44 and a 200-day moving average of $20.43. Teucrium 2x Daily Wheat ETF has a 12-month low of $14.52 and a 12-month high of $28.83.

Teucrium 2x Daily Wheat ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Tuesday, August 25th were paid a dividend of $0.0331 per share. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, August 25th.

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.