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

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

Teucrium Agricultural Fund Stock Performance

Shares of NYSEARCA:TAGS traded up $0.40 during mid-day trading on Monday, hitting $25.44. 32,777 shares of the company traded hands, compared to its average volume of 35,812. Teucrium Agricultural Fund has a 52-week low of $22.56 and a 52-week high of $25.78. The firm’s 50 day simple moving average is $24.62 and its 200 day simple moving average is $23.68.

Institutional Investors Weigh In On Teucrium Agricultural Fund

An institutional investor recently bought a new position in Teucrium Agricultural Fund stock. Jane Street Group LLC acquired a new position in shares of Teucrium Agricultural Fund (NYSEARCA:TAGS) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 11,798 shares of the company’s stock, valued at approximately $270,000. Jane Street Group LLC owned about 4.54% of Teucrium Agricultural Fund as of its most recent SEC filing. Institutional investors and hedge funds own 14.92% of the company’s stock.

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.