Teucrium Corn Fund (NYSEARCA:CORN) Short Interest Up 128.8% in June

Teucrium Corn Fund (NYSEARCA:CORN) saw a significant growth in short interest during the month of 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 trading volume of 375,899 shares, the short-interest ratio is presently 0.9 days. Approximately 3.4% of the shares of the stock are short sold.

Teucrium Corn Fund Stock Performance

NYSEARCA CORN opened at $17.62 on Friday. The stock’s 50 day simple moving average is $17.55 and its 200 day simple moving average is $17.79. Teucrium Corn Fund has a one year low of $16.36 and a one year high of $19.13.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Safe Harbor Fiduciary LLC bought a new position in shares of Teucrium Corn Fund in the fourth quarter worth about $66,000. Ball & Co Wealth Management Inc. acquired a new stake in Teucrium Corn Fund in the first quarter worth about $77,000. Group One Trading LLC raised its holdings in Teucrium Corn Fund by 633.7% during the 2nd quarter. Group One Trading LLC now owns 15,341 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 13,250 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in Teucrium Corn Fund during the 3rd quarter worth about $322,000. Finally, Geneos Wealth Management Inc. bought a new stake in 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%.