WXET Stock Summary and Trading Ideas (Listed Funds Trust Teucrium 2X Daily Wheat ETF | ARCA:WXET)

The 2x Daily Wheat ETF seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily price performance of wheat. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective primarily through managed exposure to wheat futures contracts ("Wheat Futures Contracts"). The Fund seeks to provide daily leveraged exposure to the price of wheat to seek returns equal to 200% of the daily price performance of wheat. The Fund does not intend to take physical delivery of wheat associated with the Wheat Futures Contracts. The Fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in Wheat Futures Contracts and Other Investments that in the aggregate provide exposure to the price movements of wheat.

Listed Funds Trust Teucrium 2X Daily Wheat ETF trades on the ARCA stock market under the symbol WXET.

As of January 3, 2025, WXET stock price was flat at $23.80 with 51 million shares trading.

WXET has a market cap of $1.90 million. This is considered a Sub-Micro Cap stock.

WXET support price is $23.38 and resistance is $24.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WXET shares will trade within this expected range on the day.