Teucrium Soybean Fund (NYSEARCA:SOYB) Shares Down 1% – Time to Sell?

Shares of Teucrium Soybean Fund (NYSEARCA:SOYB) dropped 1% on Tuesday . The company traded as low as $21.56 and last traded at $21.73. Approximately 43,261 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 39,019 shares. The stock had previously closed at $21.94.

Teucrium Soybean Fund Price Performance

The business has a fifty day simple moving average of $22.09 and a two-hundred day simple moving average of $23.16.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Teucrium Soybean Fund stock. Bank of Montreal Can acquired a new position in Teucrium Soybean Fund (NYSEARCA:SOYB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 35,250 shares of the company’s stock, valued at approximately $899,000. Bank of Montreal Can owned 2.61% of Teucrium Soybean Fund as of its most recent SEC filing.

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).