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

September 17, 2017 - By Clifton Ray

 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: “Is Wheat Ready To Grow?” on September 18, 2016, also Seekingalpha.com with their article: “I Wouldn’t Sell Wheat Now” published on November 14, 2016, Marketwatch.com published: “6.5799” on September 22, 2011. More interesting news about Teucrium Wheat Fund (NYSEARCA:WEAT) were released by: Seekingalpha.com and their article: “Wheat Is Lower Than The Bottom” published on September 06, 2016 as well as Seekingalpha.com‘s news article titled: “Grain: A Bull Market In The Making?” with publication date: November 18, 2016.

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