Short Interest in Teucrium Agricultural Fund (NYSEARCA:TAGS) Increases By 1,321.7%

Teucrium Agricultural Fund (NYSEARCA:TAGS) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 23,287 shares, a growth of 1,321.7% from the April 15th total of 1,638 shares. Based on an average daily volume of 30,894 shares, the days-to-cover ratio is presently 0.8 days. Currently, 2.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Teucrium Agricultural Fund stock. Jane Street Group LLC bought a new position in Teucrium Agricultural Fund (NYSEARCA:TAGS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,798 shares of the company’s stock, valued at approximately $270,000. Jane Street Group LLC owned approximately 4.54% of Teucrium Agricultural Fund at the end of the most recent quarter. Hedge funds and other institutional investors own 14.92% of the company’s stock.

Teucrium Agricultural Fund Price Performance

Shares of TAGS traded up $0.40 during mid-day trading on Monday, hitting $25.44. The stock had a trading volume of 32,777 shares, compared to its average volume of 35,812. The company’s fifty day simple moving average is $24.62 and its two-hundred day simple moving average is $23.68. Teucrium Agricultural Fund has a fifty-two week low of $22.56 and a fifty-two week high of $25.78.

Teucrium Agricultural Fund Company Profile

Teucrium Agricultural Fund (the Fund) is a commodity pool. It is a series of the Teucrium Commodity Trust. The Fund provides investors exposure to four agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. It invests directly in four Teucrium Funds, such as Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the Underlying Funds). The investment objective of the Fund is to have the daily changes in percentage terms of a weighted average (the Underlying Fund Average) of the Underlying Funds.