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

Teucrium Soybean Fund (NYSEARCA:SOYB) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 89,947 shares, a decline of 75.3% from the April 30th total of 364,801 shares. Based on an average daily volume of 154,955 shares, the short-interest ratio is currently 0.6 days. Currently, 3.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On Teucrium Soybean Fund

Several large investors have recently bought and sold shares of the business. Royal Bank of Canada bought a new stake in Teucrium Soybean Fund in the first quarter worth $37,000. Teucrium Investment Advisors LLC purchased a new stake in Teucrium Soybean Fund during the 4th quarter valued at $1,542,000. Jane Street Group LLC raised its holdings in Teucrium Soybean Fund by 14.3% during the 4th 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. Simplex Trading LLC raised its holdings in Teucrium Soybean Fund by 184.1% during 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 period. Finally, Flow Traders U.S. LLC purchased a new stake in Teucrium Soybean Fund during the 3rd quarter valued at $1,732,000.

Teucrium Soybean Fund Trading Down 0.3%

SOYB traded down $0.07 during trading hours on Friday, hitting $25.15. The company’s stock had a trading volume of 93,371 shares, compared to its average volume of 103,586. The business’s 50-day moving average price is $24.63 and its 200-day moving average price is $23.55. Teucrium Soybean Fund has a 12 month low of $21.06 and a 12 month 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%.