Teucrium Agricultural Fund (NYSEARCA:TAGS) Sees Large Decrease in Short Interest

Teucrium Agricultural Fund (NYSEARCA:TAGS) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 5,771 shares, a decline of 81.7% from the May 14th total of 31,571 shares. Based on an average trading volume of 24,756 shares, the short-interest ratio is currently 0.2 days. Approximately 0.7% of the company’s stock are sold short.

Hedge Funds 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 Teucrium Agricultural Fund (NYSEARCA:TAGS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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. 14.92% of the stock is owned by institutional investors and hedge funds.

Teucrium Agricultural Fund Price Performance

NYSEARCA TAGS traded down $0.13 during mid-day trading on Thursday, reaching $23.68. The stock had a trading volume of 23,779 shares, compared to its average volume of 34,433. Teucrium Agricultural Fund has a 1 year low of $22.56 and a 1 year high of $26.17. The company has a fifty day moving average price of $24.71 and a 200 day moving average price of $23.92.

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.