Teucrium 2x Daily Corn ETF (NYSEARCA:CXRN) Shares Shorted: Short Interest Up 98.3% in September

Teucrium 2x Daily Corn ETF (NYSEARCA:CXRN) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 9,546 shares, an increase of 98.3% from the August 31st total of 4,814 shares. Currently, 6.4% of the company’s stock are short sold. Based on an average daily volume of 8,385 shares, the days-to-cover ratio is currently 1.1 days.

Teucrium 2x Daily Corn ETF Trading Down 7.8%

Shares of NYSEARCA CXRN traded down $1.63 during trading on Wednesday, reaching $19.17. The company had a trading volume of 17,820 shares, compared to its average volume of 12,529. The business’s 50 day moving average price is $19.81 and its 200-day moving average price is $18.74. Teucrium 2x Daily Corn ETF has a 52 week low of $14.22 and a 52 week high of $23.04.

Teucrium 2x Daily Corn ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 28th. Investors of record on Friday, September 25th were issued a $0.0418 dividend. The ex-dividend date of this dividend was Friday, September 25th. This represents a $0.50 dividend on an annualized basis and a yield of 2.6%. This is a boost from Teucrium 2x Daily Corn ETF’s previous monthly dividend of $0.0320.

About Teucrium 2x Daily Corn ETF

The Teucrium 2x Daily Corn ETF (CXRN) is an exchange-traded fund that mostly invests in corn commodities. The fund is an actively managed fund that seeks 200% the daily price performance of corn futures. The fund invests via a subsidiary that holds the contracts CXRN was launched on Dec 12, 2024 and is issued by Teucrium.