Short Interest in Teucrium Soybean Fund (NYSEARCA:SOYB) Grows By 185.2%

Teucrium Soybean Fund (NYSEARCA:SOYB) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 264,338 shares, a growth of 185.2% from the August 15th total of 92,699 shares. Approximately 10.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 115,853 shares, the days-to-cover ratio is presently 2.3 days.

Teucrium Soybean Fund Trading Down 2.3%

NYSEARCA SOYB opened at $27.50 on Friday. The firm’s 50 day simple moving average is $26.03 and its 200 day simple moving average is $25.01. Teucrium Soybean Fund has a 1 year low of $21.36 and a 1 year high of $28.15.

Hedge Funds Weigh In On Teucrium Soybean Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada acquired a new position in shares of Teucrium Soybean Fund during the 1st quarter worth $37,000. Teucrium Investment Advisors LLC acquired a new stake in Teucrium Soybean Fund in the fourth quarter valued at about $1,542,000. Jane Street Group LLC boosted its stake in 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 in the last quarter. Simplex Trading LLC grew its position in 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 acquiring an additional 14,801 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in Teucrium Soybean Fund in the third quarter valued at about $1,732,000.

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%.