Stock Traders Purchase High Volume of Call Options on Teucrium Corn Fund (NYSEARCA:CORN)

Teucrium Corn Fund (NYSEARCA:CORN) saw unusually large options trading on Friday. Traders purchased 10,281 call options on the stock. This is an increase of approximately 140% compared to the average daily volume of 4,288 call options.

Teucrium Corn Fund Price Performance

NYSEARCA:CORN traded down $0.13 on Friday, reaching $18.58. The company’s stock had a trading volume of 1,541,589 shares, compared to its average volume of 472,095. Teucrium Corn Fund has a 12-month low of $16.61 and a 12-month high of $19.76. The stock has a 50 day moving average price of $17.85 and a 200 day moving average price of $17.77.

Institutional Trading of Teucrium Corn Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Safe Harbor Fiduciary LLC acquired a new position in Teucrium Corn Fund in the fourth quarter valued at about $66,000. Teucrium Investment Advisors LLC acquired a new stake in shares of Teucrium Corn Fund during the fourth quarter valued at about $1,582,000. Militia Capital Partners LP purchased a new stake in shares of Teucrium Corn Fund in the 4th quarter valued at approximately $865,000. Flow Traders U.S. LLC purchased a new stake in shares of Teucrium Corn Fund in the 3rd quarter valued at approximately $322,000. Finally, Group One Trading LLC lifted its holdings in shares of Teucrium Corn Fund by 633.7% in the 2nd quarter. Group One Trading LLC now owns 15,341 shares of the exchange traded fund’s stock worth $271,000 after acquiring an additional 13,250 shares during the last quarter.

Teucrium Corn Fund Company Profile

Teucrium Corn Fund (the Fund) is a commodity pool that is a series of Teucrium Commodity Trust (Trust), a Delaware statutory trust. It will issue common units representing fractional undivided beneficial interests in such Fund, called Shares. The investment objective of the Fund is to have the daily changes in percentage terms of the shares net asset value reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for corn (Corn Futures Contracts) that are traded on the Chicago Board of Trade (CBOT), including the second to expire CBOT Corn Futures Contract, weighted 35%, the third-to-expire CBOT Corn Futures Contract, weighted 30%, and the CBOT Corn Futures Contract, weighted 35%.