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

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) was the recipient of a large decrease in short interest in 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 trading volume of 345,610 shares, the days-to-cover ratio is presently 0.7 days. Approximately 5.8% of the company’s stock are short sold.

Institutional Investors Weigh In On Teucrium 2x Long Daily XRP ETF

A hedge fund recently bought a new stake in Teucrium 2x Long Daily XRP ETF stock. Flow Traders U.S. LLC bought a new position in Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) during the third quarter, according to the company in its most recent 13F filing with the SEC. 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 Performance

Shares of XXRP stock traded up $0.35 on Friday, hitting $22.93. The stock had a trading volume of 161,435 shares, compared to its average volume of 264,296. The business has a 50 day moving average of $30.84 and a 200 day moving average of $52.91. Teucrium 2x Long Daily XRP ETF has a 12-month low of $19.33 and a 12-month high of $688.80.

About Teucrium 2x Long Daily XRP ETF

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.