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

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

Institutional Trading of Teucrium Soybean Fund

An institutional investor recently bought a new stake in Teucrium Soybean Fund stock. Royal Bank of Canada bought a new position in shares of Teucrium Soybean Fund (NYSEARCA:SOYB) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 1,500 shares of the company’s stock, valued at approximately $37,000. Royal Bank of Canada owned 0.06% of Teucrium Soybean Fund at the end of the most recent quarter.

Teucrium Soybean Fund Price Performance

SOYB opened at $27.69 on Tuesday. Teucrium Soybean Fund has a fifty-two week low of $21.36 and a fifty-two week high of $28.15. The company’s 50 day moving average price is $26.07 and its two-hundred day moving average price is $25.05.

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%.