Short Interest in Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Increases By 308.1%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXETGet Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 10,203 shares, an increase of 308.1% from the June 30th total of 2,500 shares. Currently, 2.8% of the company’s stock are short sold. Based on an average trading volume of 17,804 shares, the short-interest ratio is presently 0.6 days.

Teucrium 2x Daily Wheat ETF Price Performance

WXET stock traded down $1.03 during trading on Monday, reaching $21.50. 4,309 shares of the company traded hands, compared to its average volume of 26,214. The business has a 50 day simple moving average of $19.49 and a 200 day simple moving average of $18.70. Teucrium 2x Daily Wheat ETF has a 12 month low of $14.52 and a 12 month high of $24.48.

Teucrium 2x Daily Wheat ETF Company Profile

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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.

Further Reading

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