Teucrium Agricultural Fund (NYSEARCA:TAGS) Short Interest Up 454.4% in June

Teucrium Agricultural Fund (NYSEARCA:TAGS) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 31,993 shares, an increase of 454.4% from the May 31st total of 5,771 shares. Based on an average daily volume of 23,070 shares, the short-interest ratio is presently 1.4 days. Approximately 4.0% of the company’s shares are sold short.

Teucrium Agricultural Fund Trading Up 0.5%

TAGS stock traded up $0.13 during mid-day trading on Friday, reaching $23.94. The company’s stock had a trading volume of 2,984 shares, compared to its average volume of 33,131. Teucrium Agricultural Fund has a 12 month low of $22.56 and a 12 month high of $26.17. The business’s 50 day moving average price is $24.59 and its 200 day moving average price is $23.94.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Teucrium Agricultural Fund stock. Jane Street Group LLC purchased 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 (SEC). The firm purchased 11,798 shares of the company’s stock, valued at approximately $270,000. Jane Street Group LLC owned 4.54% of Teucrium Agricultural Fund at the end of the most recent quarter. 14.92% of the stock is currently owned by hedge funds and other institutional investors.

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.