Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Short Interest Down 62.0% in August

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 8,458 shares, a decline of 62.0% from the August 15th total of 22,239 shares. Based on an average daily volume of 34,247 shares, the days-to-cover ratio is presently 0.2 days. Currently, 2.8% of the shares of the company are sold short.

Teucrium 2x Daily Wheat ETF Stock Down 1.8%

Shares of NYSEARCA WXET traded down $0.43 during mid-day trading on Monday, hitting $23.59. The company had a trading volume of 10,525 shares, compared to its average volume of 25,420. Teucrium 2x Daily Wheat ETF has a 12 month low of $14.52 and a 12 month high of $28.83. The business’s 50-day simple moving average is $22.33 and its 200-day simple moving average is $20.39.

Teucrium 2x Daily Wheat ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Tuesday, August 25th were given a dividend of $0.0331 per share. The ex-dividend date was Tuesday, August 25th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%.

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.