Teucrium Soybean Fund (NYSEARCA:SOYB) Short Interest Update

Teucrium Soybean Fund (NYSEARCA:SOYB) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 203,857 shares, an increase of 126.6% from the May 14th total of 89,947 shares. Currently, 8.2% of the company’s shares are short sold. Based on an average daily volume of 127,652 shares, the short-interest ratio is presently 1.6 days.

Hedge Funds Weigh In On Teucrium Soybean Fund

Several institutional investors have recently made changes to their positions in SOYB. Flow Traders U.S. LLC acquired a new position in shares of Teucrium Soybean Fund during the third quarter valued at about $1,732,000. Simplex Trading LLC grew its position in Teucrium Soybean Fund by 184.1% in the 4th quarter. Simplex Trading LLC now owns 22,839 shares of the company’s stock worth $499,000 after purchasing an additional 14,801 shares in the last quarter. Jane Street Group LLC grew its position in Teucrium Soybean Fund by 14.3% in the 4th quarter. Jane Street Group LLC now owns 29,258 shares of the company’s stock worth $640,000 after purchasing an additional 3,658 shares in the last quarter. Teucrium Investment Advisors LLC bought a new position in shares of Teucrium Soybean Fund during the 4th quarter valued at approximately $1,542,000. Finally, Royal Bank of Canada bought a new position in shares of Teucrium Soybean Fund during the 1st quarter valued at approximately $37,000.

Teucrium Soybean Fund Price Performance

SOYB stock traded up $0.01 during midday trading on Friday, hitting $24.13. The stock had a trading volume of 37,517 shares, compared to its average volume of 109,425. Teucrium Soybean Fund has a 1-year low of $21.06 and a 1-year high of $25.47. The business has a fifty day moving average price of $24.67 and a two-hundred day moving average price of $23.62.

About Teucrium Soybean Fund

Teucrium Soybean Fund (the Fund) is a commodity pool. The Fund is a series of the Teucrium Commodity Trust (Trust).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 soybeans (Soybean Futures Contracts) that are traded on the Chicago Board of Trade (CBOT). The three Soybean Futures Contracts include second-to-expire CBOT Soybean Futures Contract, weighted 35%; the third-to-expire CBOT Soybean Futures Contract, weighted 30%, and the CBOT Soybean Futures Contract, weighted 35%.