Teucrium Soybean Fund (NYSEARCA:SOYB) Short Interest Update

Teucrium Soybean Fund (NYSEARCA:SOYB) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 64,181 shares, a decrease of 68.5% from the May 31st total of 203,857 shares. Based on an average daily trading volume, of 165,249 shares, the days-to-cover ratio is currently 0.4 days. Approximately 2.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On Teucrium Soybean Fund

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

Teucrium Soybean Fund Stock Performance

Teucrium Soybean Fund stock traded down $0.30 during midday trading on Monday, reaching $24.20. The company’s stock had a trading volume of 29,859 shares, compared to its average volume of 104,533. Teucrium Soybean Fund has a 52 week low of $21.06 and a 52 week high of $25.47. The business has a 50-day moving average price of $24.67 and a 200-day moving average price of $23.69.

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%.