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

Teucrium Soybean Fund (NYSEARCA:SOYB) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 364,801 shares, a growth of 2,255.5% from the April 15th total of 15,487 shares. Currently, 14.6% of the shares of the stock are short sold. Based on an average trading volume of 126,512 shares, the days-to-cover ratio is presently 2.9 days.

Teucrium Soybean Fund Stock Up 0.3%

Teucrium Soybean Fund stock traded up $0.08 during trading hours on Monday, hitting $25.08. The stock had a trading volume of 114,626 shares, compared to its average volume of 99,543. Teucrium Soybean Fund has a 1-year low of $21.06 and a 1-year high of $25.28. The stock’s fifty day moving average is $24.40 and its two-hundred day moving average is $23.34.

Hedge Funds Weigh In On Teucrium Soybean Fund

Large investors have recently modified their holdings of the company. Simplex Trading LLC raised its holdings in shares of 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. Jane Street Group LLC grew its position in shares of Teucrium Soybean Fund by 14.3% in the 4th 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 in the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of Teucrium Soybean Fund by 4.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 53,597 shares of the company’s stock worth $1,150,000 after acquiring an additional 2,057 shares in the last quarter. Teucrium Investment Advisors LLC acquired a new position in Teucrium Soybean Fund during the 4th quarter valued at approximately $1,542,000. Finally, Flow Traders U.S. LLC acquired a new position in Teucrium Soybean Fund during the 3rd quarter valued at approximately $1,732,000.

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%.