Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Stock Short Interest Jumps 159.0%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 21,903 shares, an increase of 159.0% from the August 31st total of 8,458 shares. Currently, 8.1% of the company’s stock are short sold. Based on an average daily volume of 23,559 shares, the short-interest ratio is presently 0.9 days.

Teucrium 2x Daily Wheat ETF Trading Down 1.0%

WXET stock opened at $22.52 on Friday. The stock has a 50-day moving average price of $22.99 and a two-hundred day moving average price of $20.72. Teucrium 2x Daily Wheat ETF has a 1 year low of $14.52 and a 1 year high of $28.83.

Teucrium 2x Daily Wheat ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 25th will be issued a dividend of $0.0391 per share. The ex-dividend date is Friday, September 25th. This is a boost from Teucrium 2x Daily Wheat ETF’s previous monthly dividend of $0.0331. This represents a $0.47 dividend on an annualized basis and a dividend yield of 2.1%.

Teucrium 2x Daily Wheat ETF Company Profile

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.