Teucrium Soybean Fund (NYSEARCA:SOYB – Get Free Report) saw a significant increase in short interest in 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 trading volume of 112,622 shares, the short-interest ratio is currently 1.7 days. Currently, 7.9% of the shares of the company are short sold.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new position in shares of Teucrium Soybean Fund during the 3rd quarter worth approximately $1,732,000. Teucrium Investment Advisors LLC acquired a new stake in shares of Teucrium Soybean Fund in the fourth quarter valued at approximately $1,542,000. Simplex Trading LLC boosted its stake 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 buying an additional 14,801 shares during the period. Jane Street Group LLC boosted its stake in shares of 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. Finally, Royal Bank of Canada bought a new stake in shares of Teucrium Soybean Fund in the first quarter valued at approximately $37,000.
Teucrium Soybean Fund Price Performance
Shares of NYSEARCA SOYB traded down $0.71 during trading hours on Monday, reaching $25.57. 103,315 shares of the stock were exchanged, compared to its average volume of 102,474. The stock’s fifty day simple moving average is $24.86 and its 200 day simple moving average is $24.11. Teucrium Soybean Fund has a 52 week low of $21.06 and a 52 week 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%.
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