Teucrium Corn Fund Sees Unusually High Options Volume (NYSEARCA:CORN)

Teucrium Corn Fund (NYSEARCA:CORN) was the recipient of some unusual options trading on Friday. Traders bought 8,502 call options on the stock. This is an increase of 3,221% compared to the average daily volume of 256 call options.

Teucrium Corn Fund Trading Up 0.7%

Shares of CORN stock opened at $17.62 on Friday. The business’s 50 day moving average is $17.56 and its two-hundred day moving average is $17.58. Teucrium Corn Fund has a twelve month low of $16.61 and a twelve month high of $20.52.

Hedge Funds Weigh In On Teucrium Corn Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Harbour Investments Inc. raised its position in Teucrium Corn Fund by 38.5% during the 2nd quarter. Harbour Investments Inc. now owns 3,019 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 839 shares during the last quarter. Safe Harbor Fiduciary LLC purchased a new stake in shares of Teucrium Corn Fund in the fourth quarter valued at about $66,000. Group One Trading LLC increased its stake in shares of Teucrium Corn Fund by 633.7% during the second 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 period. Flow Traders U.S. LLC purchased a new position in Teucrium Corn Fund during the third quarter worth about $322,000. Finally, Rockefeller Capital Management L.P. purchased a new position in Teucrium Corn Fund during the second quarter worth about $407,000.

About Teucrium Corn Fund

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%.