Is Teucrium Wheat Fund (NYSEARCA:WEAT) a Buy? The Stock Reported more Sellers

September 17, 2017 - By Louis Casey

 Is Teucrium Wheat Fund (NYSEARCA:WEAT) a Buy? The Stock Reported more Sellers

The stock of Teucrium Wheat Fund (NYSEARCA:WEAT) registered an increase of 88.87% in short interest. WEAT’s total short interest was 252,900 shares in September as published by FINRA. Its up 88.87% from 133,900 shares, reported previously. With 352,200 shares average volume, it will take short sellers 1 days to cover their WEAT’s short positions.

The stock increased 1.07% or $0.07 on September 15, reaching $6.58. About 9,710 shares traded or Infinity% up from the average. Teucrium Wheat Fund (NYSEARCA:WEAT) has declined 21.17% since September 17, 2016 and is downtrending. It has underperformed by 37.87% the S&P500.

Teucrium Wheat Fund is a commodity pool. The company has market cap of $. The Fund is a series of the Teucrium Commodity Trust (Trust). It currently has negative earnings. The Fund provides investors unleveraged direct exposure to wheat without the need for a futures account.

More notable recent Teucrium Wheat Fund (NYSEARCA:WEAT) news were published by: Seekingalpha.com which released: “Grain: A Bull Market In The Making?” on November 18, 2016, also Seekingalpha.com with their article: “4 Years Of The Bear Wheat Market Are Over” published on October 21, 2016, Seekingalpha.com published: “I Wouldn’t Sell Wheat Now” on November 14, 2016. More interesting news about Teucrium Wheat Fund (NYSEARCA:WEAT) were released by: Seekingalpha.com and their article: “Is Selling Wheat Call Options Worth It?” published on June 08, 2016 as well as Seekingalpha.com‘s news article titled: “Wheat Market Is Hitting The Bottom” with publication date: December 16, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.