Teucrium Corn Fund (NYSEARCA:CORN) Short Interest Update

Teucrium Corn Fund (NYSEARCA:CORN) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 346,460 shares, a growth of 128.8% from the June 15th total of 151,417 shares. Based on an average daily volume of 375,899 shares, the short-interest ratio is currently 0.9 days. Approximately 3.4% of the company’s stock are short sold.

Teucrium Corn Fund Trading Down 1.0%

Shares of NYSEARCA CORN traded down $0.17 during trading hours on Thursday, hitting $17.62. The stock had a trading volume of 304,300 shares, compared to its average volume of 585,659. The firm’s 50-day moving average price is $17.57 and its two-hundred day moving average price is $17.79. Teucrium Corn Fund has a 52 week low of $16.36 and a 52 week high of $19.13.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Safe Harbor Fiduciary LLC acquired a new stake in shares of Teucrium Corn Fund in the 4th quarter valued at $66,000. Ball & Co Wealth Management Inc. bought a new position in Teucrium Corn Fund during the first quarter valued at about $77,000. Group One Trading LLC lifted its position in shares of Teucrium Corn Fund by 633.7% in the second quarter. Group One Trading LLC now owns 15,341 shares of the exchange traded fund’s stock worth $271,000 after buying an additional 13,250 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Teucrium Corn Fund during the 3rd quarter worth about $322,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Teucrium Corn Fund during the 1st quarter worth about $383,000.

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%.