Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET) Short Interest Update

by · The Markets Daily

Teucrium 2x Daily Wheat ETF (NYSEARCA:WXET – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 21,903 shares, a growth of 159.0% from the August 31st total of 8,458 shares. Currently, 8.1% of the shares of the stock are short sold. Based on an average trading volume of 23,559 shares, the days-to-cover ratio is presently 0.9 days.

Teucrium 2x Daily Wheat ETF Price Performance

Teucrium 2x Daily Wheat ETF stock traded down $1.01 during midday trading on Monday, reaching $21.51. The company’s stock had a trading volume of 19,847 shares, compared to its average volume of 25,227. Teucrium 2x Daily Wheat ETF has a fifty-two week low of $14.52 and a fifty-two week high of $28.83. The stock’s 50 day simple moving average is $22.99 and its 200 day simple moving average is $20.73.

Teucrium 2x Daily Wheat ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 25th will be issued a $0.0391 dividend. The ex-dividend date is Friday, September 25th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 2.2%. This is a boost from Teucrium 2x Daily Wheat ETF’s previous monthly dividend of $0.0331.

Teucrium 2x Daily Wheat ETF Company Profile

(Get Free Report)

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.

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