Teucrium Soybean Fund (NYSEARCA:SOYB) Sees Large Decrease in Short Interest

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

Hedge Funds Weigh In On Teucrium Soybean Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada acquired a new stake in shares of Teucrium Soybean Fund in the 1st quarter worth approximately $37,000. Simplex Trading LLC boosted its holdings in shares of 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 acquiring an additional 14,801 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Teucrium Soybean Fund by 14.3% during the fourth quarter. Jane Street Group LLC now owns 29,258 shares of the company’s stock valued at $640,000 after acquiring an additional 3,658 shares during the period. Teucrium Investment Advisors LLC acquired a new position in shares of Teucrium Soybean Fund during the fourth quarter valued at approximately $1,542,000. Finally, Flow Traders U.S. LLC bought a new stake in Teucrium Soybean Fund during the third quarter worth approximately $1,732,000.

Teucrium Soybean Fund Price Performance

Shares of SOYB traded down $0.06 during trading hours on Friday, reaching $24.50. 33,742 shares of the company’s stock traded hands, compared to its average volume of 105,156. Teucrium Soybean Fund has a twelve month low of $21.06 and a twelve month high of $25.47. The business’s fifty day simple moving average is $24.67 and its two-hundred day simple moving average is $23.69.

Teucrium Soybean Fund Company Profile

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%.