Teucrium 2x Daily Corn ETF (NYSEARCA:CXRN) Sees Significant Growth in Short Interest

Teucrium 2x Daily Corn ETF (NYSEARCA:CXRN) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 8,015 shares, a growth of 132.0% from the May 14th total of 3,454 shares. Based on an average daily volume of 35,291 shares, the days-to-cover ratio is presently 0.2 days. Approximately 3.5% of the shares of the stock are sold short.

Teucrium 2x Daily Corn ETF Trading Up 1.2%

CXRN stock traded up $0.18 during midday trading on Friday, hitting $15.31. The company’s stock had a trading volume of 3,947 shares, compared to its average volume of 15,175. Teucrium 2x Daily Corn ETF has a 12 month low of $14.89 and a 12 month high of $22.35. The company has a 50 day moving average of $18.76 and a two-hundred day moving average of $19.02.

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.