Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Sees Large Increase in Short Interest

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 18,124 shares, an increase of 77.6% from the July 15th total of 10,203 shares. Approximately 6.0% of the shares of the company are short sold. Based on an average daily volume of 17,958 shares, the short-interest ratio is currently 1.0 days.

Teucrium 2x Daily Wheat ETF Trading Down 1.6%

NYSEARCA:WXET traded down $0.35 during midday trading on Monday, reaching $21.53. 1,710 shares of the company traded hands, compared to its average volume of 24,708. The company has a fifty day moving average price of $19.59 and a 200 day moving average price of $19.25. Teucrium 2x Daily Wheat ETF has a twelve month low of $14.52 and a twelve month high of $24.48.

About Teucrium 2x Daily Wheat ETF

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.