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

Teucrium Soybean Fund (NYSEARCA:SOYB) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 106,902 shares, a drop of 43.9% from the July 15th total of 190,454 shares. Currently, 4.4% of the company’s shares are short sold. Based on an average daily trading volume, of 57,253 shares, the short-interest ratio is presently 1.9 days.

Institutional Investors Weigh In On Teucrium Soybean Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC acquired a new position in shares of Teucrium Soybean Fund in the 3rd quarter valued at $1,732,000. Teucrium Investment Advisors LLC purchased a new position in shares of Teucrium Soybean Fund during the 4th quarter worth $1,542,000. Jane Street Group LLC increased its position in shares of Teucrium Soybean Fund by 14.3% during the 4th quarter. Jane Street Group LLC now owns 29,258 shares of the company’s stock worth $640,000 after purchasing an additional 3,658 shares during the last quarter. Simplex Trading LLC increased its position in shares of Teucrium Soybean Fund by 184.1% during the 4th 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 last quarter. Finally, Royal Bank of Canada acquired a new stake in shares of Teucrium Soybean Fund during the 1st quarter worth about $37,000.

Teucrium Soybean Fund Stock Up 1.2%

Shares of SOYB stock traded up $0.30 during trading on Monday, hitting $25.67. 17,954 shares of the stock traded hands, compared to its average volume of 97,951. Teucrium Soybean Fund has a 52-week low of $21.36 and a 52-week high of $26.37. The firm’s fifty day moving average price is $24.94 and its 200-day moving average price is $24.45.

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%.