Teucrium Soybean Fund (NYSEARCA:SOYB) Sees Significant Increase in Short Interest

Teucrium Soybean Fund (NYSEARCA:SOYB) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 190,454 shares, an increase of 179.3% from the June 30th total of 68,184 shares. Based on an average daily volume of 112,622 shares, the short-interest ratio is presently 1.7 days. Approximately 7.9% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC bought a new stake in shares of Teucrium Soybean Fund during the 3rd quarter valued at approximately $1,732,000. Teucrium Investment Advisors LLC bought a new position in Teucrium Soybean Fund in the 4th quarter valued at approximately $1,542,000. Jane Street Group LLC lifted its stake 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 valued at $640,000 after purchasing an additional 3,658 shares during the last quarter. 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. Finally, Royal Bank of Canada acquired a new stake in Teucrium Soybean Fund in the first quarter valued at approximately $37,000.

Teucrium Soybean Fund Price Performance

Shares of Teucrium Soybean Fund stock traded down $0.71 during trading on Monday, reaching $25.57. 103,315 shares of the company’s stock were exchanged, compared to its average volume of 102,474. The firm’s 50-day moving average price is $24.86 and its 200 day moving average price is $24.11. Teucrium Soybean Fund has a 1-year low of $21.06 and a 1-year high of $26.37.

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%.