Teucrium Corn Fund (NYSEARCA:CORN) Short Interest Update

Teucrium Corn Fund (NYSEARCA:CORN) was the target of a large increase in short interest in 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 stock are sold short. Based on an average daily volume of 609,472 shares, the days-to-cover ratio is presently 3.0 days.

Institutional Trading of Teucrium Corn Fund

Several hedge funds have recently made changes to their positions in CORN. Roan Capital Partners purchased a new position in Teucrium Corn Fund in the second quarter worth about $901,000. Royal Bank of Canada purchased a new stake in Teucrium Corn Fund during the first quarter valued at approximately $811,000. Group One Trading LLC lifted its stake in shares of Teucrium Corn Fund by 17,597.2% in the 1st 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 during the last quarter. Cetera Investment Advisers lifted its stake in shares of Teucrium Corn Fund by 1,143.0% in the 1st 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 during 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 0.3%

Shares of Teucrium Corn Fund stock traded down $0.07 during trading on Wednesday, reaching $19.97. 155,075 shares of the stock traded hands, compared to its average volume of 542,942. The business has a fifty day simple moving average of $18.62 and a two-hundred day simple moving average of $18.19. Teucrium Corn Fund has a 52-week low of $16.36 and a 52-week high of $20.43.

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%.