Short Interest in Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Expands By 308.1%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXETGet Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 10,203 shares, a growth of 308.1% from the June 30th total of 2,500 shares. Based on an average daily volume of 17,804 shares, the short-interest ratio is presently 0.6 days. Currently, 2.8% of the company’s stock are sold short.

Teucrium 2x Daily Wheat ETF Stock Down 6.3%

Teucrium 2x Daily Wheat ETF stock opened at $21.11 on Tuesday. Teucrium 2x Daily Wheat ETF has a 1-year low of $14.52 and a 1-year high of $24.48. The firm’s fifty day moving average price is $19.46 and its two-hundred day moving average price is $18.74.

Teucrium 2x Daily Wheat ETF Company Profile

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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.

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