Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) Stock Price Down 0.4% – Here’s What Happened

Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP)’s share price dropped 0.4% during mid-day trading on Thursday . The stock traded as low as $4.38 and last traded at $4.53. Approximately 2,218,399 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 2,481,047 shares. The stock had previously closed at $4.55.

Teucrium 2x Long Daily XRP ETF Stock Performance

The company has a 50 day simple moving average of $6.56 and a two-hundred day simple moving average of $16.56.

Institutional Trading of Teucrium 2x Long Daily XRP ETF

A hedge fund recently bought a new stake in Teucrium 2x Long Daily XRP ETF stock. Flow Traders U.S. LLC acquired a new stake in Teucrium 2x Long Daily XRP ETF (NYSEARCA:XXRP) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 13,266 shares of the company’s stock, valued at approximately $428,000. Flow Traders U.S. LLC owned 0.08% of Teucrium 2x Long Daily XRP ETF as of its most recent filing with the SEC.

About Teucrium 2x Long Daily XRP ETF

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.