Short Interest in Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Decreases By 62.4%

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

Teucrium 2x Daily Wheat ETF Price Performance

WXET traded down $0.05 during trading hours on Friday, hitting $17.54. 9,454 shares of the company’s stock were exchanged, compared to its average volume of 28,830. Teucrium 2x Daily Wheat ETF has a 12-month low of $14.52 and a 12-month high of $24.02. The firm has a 50 day moving average of $19.83 and a 200 day moving average of $17.89.

Teucrium 2x Daily Wheat ETF Company Profile

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.