Short Interest in Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Declines By 92.7%

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 242,033 shares, a decrease of 92.7% from the June 15th total of 3,332,693 shares. Based on an average daily 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 Inflows and Outflows

A hedge fund recently bought a new stake in Teucrium 2x Long Daily XRP ETF stock. Flow Traders U.S. LLC bought a new stake in shares of Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 SEC filing.

Teucrium 2x Long Daily XRP ETF Stock Up 1.6%

Shares of Teucrium 2x Long Daily XRP ETF stock traded up $0.35 during trading hours on Friday, reaching $22.93. The company’s stock had a trading volume of 161,435 shares, compared to its average volume of 264,296. The stock’s fifty day simple moving average is $30.84 and its two-hundred day simple moving average is $52.91. Teucrium 2x Long Daily XRP ETF has a one year low of $19.33 and a one year high of $688.80.

Teucrium 2x Long Daily XRP ETF Company Profile

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.