Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Sees Large Drop in Short Interest

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 242,033 shares, a drop of 92.7% from the June 15th total of 3,332,693 shares. Based on an average trading volume of 345,610 shares, the short-interest ratio is currently 0.7 days. Approximately 5.8% of the company’s stock are sold short.

Institutional Trading of Teucrium 2x Long Daily XRP ETF

An institutional investor recently bought a new stake in Teucrium 2x Long Daily XRP ETF stock. Flow Traders U.S. LLC bought a new stake in Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 13,266 shares of the company’s stock, valued at approximately $428,000. Flow Traders U.S. LLC owned about 0.08% of Teucrium 2x Long Daily XRP ETF as of its most recent filing with the SEC.

Teucrium 2x Long Daily XRP ETF Price Performance

NYSEARCA XXRP traded up $0.35 on Friday, reaching $22.93. The company had a trading volume of 161,435 shares, compared to its average volume of 264,296. Teucrium 2x Long Daily XRP ETF has a 1-year low of $19.33 and a 1-year high of $688.80. The company’s fifty day moving average is $30.54 and its 200-day moving average is $52.30.

About Teucrium 2x Long Daily XRP ETF

The Teucrium 2x Long Daily XRP ETF (XXRP) is an exchange-traded fund that mostly invests in long xrp, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of XRP, less fees, and expenses. The fund uses over-the-counter swaps, futures, and XRP-related securities to pursue its objective XXRP was launched on Apr 8, 2025 and is issued by Teucrium.