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

Teucrium Soybean Fund (NYSEARCA:SOYB) was the target of a large decrease in short interest in 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. Currently, 2.6% of the company’s stock are sold short. Based on an average daily volume of 165,249 shares, the days-to-cover ratio is currently 0.4 days.

Teucrium Soybean Fund Stock Down 0.2%

NYSEARCA:SOYB traded down $0.06 during mid-day trading on Friday, reaching $24.50. The stock had a trading volume of 33,742 shares, compared to its average volume of 105,156. Teucrium Soybean Fund has a 1-year low of $21.06 and a 1-year high of $25.47. The stock’s 50 day simple moving average is $24.67 and its two-hundred day simple moving average is $23.69.

Institutional Investors Weigh In On Teucrium Soybean Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Flow Traders U.S. LLC bought a new position in Teucrium Soybean Fund during the third quarter worth $1,732,000. Simplex Trading LLC raised its holdings in shares of 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 purchasing an additional 14,801 shares during the period. Jane Street Group LLC lifted its position in shares of 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 buying an additional 3,658 shares during the last quarter. Teucrium Investment Advisors LLC bought a new position in shares of Teucrium Soybean Fund in the 4th quarter worth about $1,542,000. Finally, Royal Bank of Canada acquired a new position in shares of Teucrium Soybean Fund in the 1st quarter valued at about $37,000.

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%.