Short Interest in Teucrium Soybean Fund (NYSEARCA:SOYB) Expands By 126.6%

Teucrium Soybean Fund (NYSEARCA:SOYB) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 203,857 shares, a growth of 126.6% from the May 14th total of 89,947 shares. Based on an average trading volume of 127,652 shares, the days-to-cover ratio is currently 1.6 days. Currently, 8.2% of the company’s stock are sold short.

Institutional Investors Weigh In On Teucrium Soybean Fund

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

Teucrium Soybean Fund Trading Up 0.0%

SOYB opened at $24.13 on Friday. The firm’s 50 day moving average is $24.67 and its 200-day moving average is $23.62. Teucrium Soybean Fund has a 52-week low of $21.06 and a 52-week high of $25.47.

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%.