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

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXETGet Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,310 shares, a drop of 62.4% from the May 14th total of 14,128 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily volume of 33,804 shares, the days-to-cover ratio is currently 0.2 days.

Teucrium 2x Daily Wheat ETF Stock Down 0.3%

WXET traded down $0.05 on Friday, hitting $17.54. 9,454 shares of the company’s stock traded hands, compared to its average volume of 28,830. The company’s 50 day simple moving average is $19.83 and its 200-day simple moving average is $17.89. Teucrium 2x Daily Wheat ETF has a one year low of $14.52 and a one year high of $24.02.

Teucrium 2x Daily Wheat ETF Company Profile

(Get Free Report)

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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