Short Interest in Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Declines By 60.7%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET – Get Free Report) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 2,087 shares, a decline of 60.7% from the May 31st total of 5,310 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 17,087 shares, the short-interest ratio is currently 0.1 days.

Teucrium 2x Daily Wheat ETF Trading Up 3.4%

Shares of NYSEARCA WXET traded up $0.56 during midday trading on Tuesday, reaching $17.01. The company had a trading volume of 17,578 shares, compared to its average volume of 27,441. Teucrium 2x Daily Wheat ETF has a one year low of $14.52 and a one year high of $24.02. The firm’s fifty day moving average price is $19.60 and its 200-day moving average price is $18.01.

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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.

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