Teucrium Corn Fund (NYSEARCA:CORN) Short Interest Update

Teucrium Corn Fund (NYSEARCA:CORN) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 170,400 shares, agrowthof70.4% from the July 31st total of 100,000 shares. Based on an average trading volume of 52,100 shares, the short-interest ratio is currently 3.3 days. Based on an average trading volume of 52,100 shares, the short-interest ratio is currently 3.3 days.

Teucrium Corn Fund Stock Performance

Shares of CORN stock opened at $17.53 on Monday. The company has a 50 day moving average price of $17.36 and a 200 day moving average price of $18.23. Teucrium Corn Fund has a fifty-two week low of $16.61 and a fifty-two week high of $20.69.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. acquired a new position in shares of Teucrium Corn Fund in the 1st quarter valued at $40,000. Comerica Bank purchased a new stake in Teucrium Corn Fund in the 4th quarter valued at $60,000. Group One Trading LLC lifted its stake 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 period. Rockefeller Capital Management L.P. purchased a new position in shares of Teucrium Corn Fund in the 2nd quarter valued at about $407,000. Finally, Cetera Investment Advisers increased its holdings in shares of Teucrium Corn Fund by 117.5% in the 1st quarter. Cetera Investment Advisers now owns 27,226 shares of the exchange traded fund’s stock valued at $505,000 after purchasing an additional 14,707 shares in 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%.