Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Sees Significant Growth in Short Interest

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 531,112 shares, a growth of 63.2% from the August 31st total of 325,535 shares. Based on an average trading volume of 681,156 shares, the short-interest ratio is presently 0.8 days. Approximately 11.3% of the shares of the company are short sold.

Teucrium 2x Long Daily XRP ETF Stock Performance

NYSEARCA:XXRP traded down $0.24 during trading hours on Wednesday, reaching $34.82. The stock had a trading volume of 293,343 shares, compared to its average volume of 327,520. The stock has a 50 day simple moving average of $28.04 and a 200 day simple moving average of $31.96. Teucrium 2x Long Daily XRP ETF has a 12-month low of $17.91 and a 12-month high of $377.32.

Teucrium 2x Long Daily XRP ETF Company Profile

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.