Teucrium Corn Fund (NYSEARCA:CORN – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,813,420 shares, an increase of 71.9% from the August 15th total of 1,054,689 shares. Approximately 19.0% of the shares of the company are short sold. Based on an average trading volume of 609,472 shares, the short-interest ratio is currently 3.0 days.
Institutional Trading of Teucrium Corn Fund
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Roan Capital Partners bought a new stake in Teucrium Corn Fund in the second quarter valued at about $901,000. Royal Bank of Canada bought a new position in Teucrium Corn Fund during the first quarter worth about $811,000. Group One Trading LLC boosted its holdings in Teucrium Corn Fund by 17,597.2% during the first quarter. Group One Trading LLC now owns 462,606 shares of the exchange traded fund’s stock valued at $8,512,000 after purchasing an additional 459,992 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Teucrium Corn Fund by 1,143.0% during the first quarter. Cetera Investment Advisers now owns 164,961 shares of the exchange traded fund’s stock valued at $3,035,000 after purchasing an additional 151,690 shares in the last quarter. Finally, CVS HEALTH Corp bought a new stake in shares of Teucrium Corn Fund in the 1st quarter valued at approximately $497,000.
Teucrium Corn Fund Trading Down 0.7%
CORN stock traded down $0.14 on Friday, reaching $19.69. 211,549 shares of the company were exchanged, compared to its average volume of 541,669. Teucrium Corn Fund has a 12 month low of $16.36 and a 12 month high of $20.43. The stock’s fifty day moving average price is $18.73 and its 200 day moving average price is $18.22.
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%.
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