Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Stock Short Interest Rises 99.9%

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 45,773 shares, a growth of 99.9% from the September 30th total of 22,893 shares. Based on an average daily trading volume, of 18,668 shares, the days-to-cover ratio is presently 2.5 days. Currently, 14.3% of the shares of the stock are sold short.

Teucrium 2x Daily Wheat ETF Stock Down 0.2%

NYSEARCA WXET traded down $0.03 on Friday, hitting $16.48. 23,353 shares of the company were exchanged, compared to its average volume of 24,154. Teucrium 2x Daily Wheat ETF has a 1-year low of $14.52 and a 1-year high of $28.83. The firm has a 50 day moving average of $22.11 and a two-hundred day moving average of $19.85.

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.