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

Teucrium Corn Fund (NYSEARCA:CORN) saw some unusual options trading on Friday. Stock investors bought 10,281 call options on the company. This represents an increase of 140% compared to the typical daily volume of 4,288 call options.

Hedge Funds Weigh In On Teucrium Corn Fund

A number of large investors have recently bought and sold shares of the company. Safe Harbor Fiduciary LLC acquired a new position in shares of Teucrium Corn Fund during the 4th quarter worth about $66,000. Group One Trading LLC lifted its stake in 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 valued at $271,000 after purchasing an additional 13,250 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Teucrium Corn Fund in the 3rd quarter valued at about $322,000. Rockefeller Capital Management L.P. bought a new position in Teucrium Corn Fund during the second quarter worth about $407,000. Finally, Militia Capital Partners LP bought a new position in Teucrium Corn Fund during the fourth quarter worth about $865,000.

Teucrium Corn Fund Stock Down 0.7%

CORN stock opened at $18.58 on Friday. Teucrium Corn Fund has a fifty-two week low of $16.61 and a fifty-two week high of $19.76. The business has a 50-day moving average of $17.85 and a 200-day moving average of $17.77.

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%.