Short Interest in Teucrium 2x Daily Corn ETF (NYSEARCA:CXRN) Drops By 91.7%

Teucrium 2x Daily Corn ETF (NYSEARCA:CXRNGet Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 3,454 shares, a decline of 91.7% from the April 30th total of 41,513 shares. Based on an average trading volume of 29,028 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.5% of the shares of the company are short sold.

Teucrium 2x Daily Corn ETF Stock Performance

CXRN traded down $0.54 on Wednesday, reaching $18.29. 28,457 shares of the stock were exchanged, compared to its average volume of 15,005. The company’s 50-day moving average price is $19.69 and its 200 day moving average price is $19.30. Teucrium 2x Daily Corn ETF has a fifty-two week low of $16.72 and a fifty-two week high of $24.23.

Teucrium 2x Daily Corn ETF Company Profile

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The Teucrium 2x Daily Corn ETF (CXRN) is an exchange-traded fund that mostly invests in corn commodities. The fund is an actively managed fund that seeks 200% the daily price performance of corn futures. The fund invests via a subsidiary that holds the contracts CXRN was launched on Dec 12, 2024 and is issued by Teucrium.

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