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

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 301,042 shares, a decrease of 51.4% from the September 30th total of 619,294 shares. Currently, 5.7% of the company’s shares are sold short. Based on an average daily volume of 371,632 shares, the days-to-cover ratio is presently 0.8 days.

Teucrium 2x Long Daily XRP ETF Stock Down 5.7%

Shares of Teucrium 2x Long Daily XRP ETF stock traded down $1.40 on Friday, hitting $23.36. The stock had a trading volume of 310,067 shares, compared to its average volume of 326,842. Teucrium 2x Long Daily XRP ETF has a one year low of $17.91 and a one year high of $233.20. The stock’s 50-day simple moving average is $31.59 and its two-hundred day simple moving average is $38.26.

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.