The Agribusiness ETF (NYSE:MOO) is seeing unusually high volume in afternoon trading Friday, with over 763,000 shares traded versus three month average volume of about 47,000. Shares of MOO were up about 0.6% on the day.
Components of that ETF with the highest volume on Friday were Archer-Daniels-Midland (NYSE:ADM), trading off about 0.6% with over 2.1 million shares changing hands so far this session, and CF Industries Holdings (NYSE:CF), up about 3% on volume of over 1.6 million shares. Agco (NYSE:AGCO) is lagging other components of the Agribusiness ETF Friday, trading lower by about 2.7%.
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