Teucrium Soybean Fund (NYSEARCA:SOYB – Get Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 203,857 shares, an increase of 126.6% from the May 14th total of 89,947 shares. Approximately 8.2% of the shares of the company are sold short. Based on an average daily volume of 127,652 shares, the short-interest ratio is presently 1.6 days.
Teucrium Soybean Fund Stock Performance
Shares of Teucrium Soybean Fund stock opened at $24.13 on Monday. The company’s 50 day moving average is $24.67 and its 200 day moving average is $23.62. Teucrium Soybean Fund has a twelve month low of $21.06 and a twelve month high of $25.47.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada bought a new position in Teucrium Soybean Fund in the first quarter worth approximately $37,000. Simplex Trading LLC raised 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 worth $499,000 after acquiring an additional 14,801 shares during the period. Jane Street Group LLC raised its position 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 worth $640,000 after acquiring an additional 3,658 shares during the period. Teucrium Investment Advisors LLC bought a new position in Teucrium Soybean Fund in the fourth quarter worth approximately $1,542,000. Finally, Flow Traders U.S. LLC bought a new position in Teucrium Soybean Fund in the third quarter worth approximately $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%.
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