Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Short Interest Update

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 5,310 shares, a drop of 62.4% from the May 14th total of 14,128 shares. Based on an average daily volume of 33,804 shares, the short-interest ratio is currently 0.2 days. Approximately 1.4% of the company’s stock are sold short.

Teucrium 2x Daily Wheat ETF Price Performance

Shares of NYSEARCA:WXET traded down $0.05 on Friday, reaching $17.54. The company had a trading volume of 9,454 shares, compared to its average volume of 28,830. Teucrium 2x Daily Wheat ETF has a twelve month low of $14.52 and a twelve month high of $24.02. The stock has a 50-day moving average price of $19.83 and a 200 day moving average price of $17.89.

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.