Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Short Interest Down 67.9% in May

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 14,128 shares, a decline of 67.9% from the April 30th total of 44,069 shares. Based on an average daily volume of 47,336 shares, the short-interest ratio is presently 0.3 days. Approximately 3.6% of the shares of the company are sold short.

Teucrium 2x Daily Wheat ETF Stock Down 4.4%

Shares of WXET traded down $0.88 during midday trading on Friday, reaching $19.12. 18,094 shares of the stock were exchanged, compared to its average volume of 29,950. The business’s 50-day moving average price is $20.20 and its 200 day moving average price is $17.86. Teucrium 2x Daily Wheat ETF has a twelve month low of $14.52 and a twelve month high of $24.02.

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.