Teucrium Wheat Fund (NYSEARCA:WEAT) Short Interest Update

Teucrium Wheat Fund (NYSEARCA:WEAT) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 2,878,044 shares, an increase of 132.0% from the April 15th total of 1,240,313 shares. Based on an average daily trading volume, of 933,824 shares, the days-to-cover ratio is currently 3.1 days. Currently, 25.2% of the shares of the stock are sold short.

Teucrium Wheat Fund Trading Down 2.9%

Shares of Teucrium Wheat Fund stock traded down $0.71 on Friday, reaching $24.11. The stock had a trading volume of 1,090,837 shares, compared to its average volume of 734,250. The business’s 50 day moving average is $23.20 and its two-hundred day moving average is $21.67. Teucrium Wheat Fund has a 1 year low of $19.78 and a 1 year high of $25.60.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Pin Oak Investment Advisors Inc. bought a new position in Teucrium Wheat Fund in the 3rd quarter valued at $29,000. Cetera Investment Advisers purchased a new position in Teucrium Wheat Fund during the first quarter worth about $974,000. Compound Planning Inc. purchased a new position in Teucrium Wheat Fund during the first quarter worth about $232,000. Militia Capital Management LLC purchased a new position in Teucrium Wheat Fund during the first quarter worth about $1,843,000. Finally, Sigma Planning Corp purchased a new position in Teucrium Wheat Fund during the first quarter worth about $527,000.

About Teucrium Wheat Fund

Teucrium Wheat Fund (the Fund) is a commodity pool. The Fund is a series of the Teucrium Commodity Trust (Trust). The Fund provides investors unleveraged direct exposure to wheat without the need for a futures account. The investment objective of the Fund is to have the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for wheat (Wheat Futures Contracts) that are traded on the Chicago Board of Trade (CBOT), which includes the second-to-expire CBOT Wheat Futures Contract, weighted 35%; the third-to-expire CBOT Wheat Futures Contract, weighted 30%, and the CBOT Wheat Futures Contract, weighted 35%.