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

Teucrium Soybean Fund (NYSEARCA:SOYB) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 364,801 shares, an increase of 2,255.5% from the April 15th total of 15,487 shares. Based on an average daily volume of 126,512 shares, the days-to-cover ratio is presently 2.9 days. Currently, 14.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SOYB. Simplex Trading LLC lifted its holdings in Teucrium Soybean Fund by 184.1% during the fourth quarter. Simplex Trading LLC now owns 22,839 shares of the company’s stock worth $499,000 after acquiring an additional 14,801 shares in the last quarter. Jane Street Group LLC raised its stake 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 during the period. B. Riley Wealth Advisors Inc. raised its stake in Teucrium Soybean Fund by 4.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 53,597 shares of the company’s stock valued at $1,150,000 after buying an additional 2,057 shares during the period. Teucrium Investment Advisors LLC bought a new position in shares of Teucrium Soybean Fund during the fourth quarter worth approximately $1,542,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Teucrium Soybean Fund during the third quarter worth approximately $1,732,000.

Teucrium Soybean Fund Trading Up 0.3%

Teucrium Soybean Fund stock traded up $0.08 during trading hours on Monday, hitting $25.08. The stock had a trading volume of 114,626 shares, compared to its average volume of 99,543. Teucrium Soybean Fund has a fifty-two week low of $21.06 and a fifty-two week high of $25.28. The company has a 50-day moving average of $24.40 and a two-hundred day moving average of $23.34.

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%.