Teucrium Soybean Fund (NYSEARCA:SOYB) Shares Down 0.8% – Here’s Why

Teucrium Soybean Fund (NYSEARCA:SOYB) shares were down 0.8% on Tuesday . The company traded as low as $20.59 and last traded at $20.59. Approximately 18,852 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 35,997 shares. The stock had previously closed at $20.75.

Teucrium Soybean Fund Stock Down 0.8 %

The company’s fifty day moving average price is $21.64 and its two-hundred day moving average price is $21.64.

Institutional Trading of Teucrium Soybean Fund

An institutional investor recently raised its position in Teucrium Soybean Fund stock. Jane Street Group LLC boosted its holdings in Teucrium Soybean Fund (NYSEARCA:SOYB) by 206.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,535 shares of the company’s stock after purchasing an additional 41,783 shares during the period. Jane Street Group LLC owned about 1.60% of Teucrium Soybean Fund worth $463,000 as of its most recent filing with the Securities and Exchange Commission.

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).