Stock Traders Buy High Volume of Call Options on Teucrium Corn Fund (NYSEARCA:CORN)

Teucrium Corn Fund (NYSEARCA:CORN) saw some unusual options trading on Thursday. Stock traders acquired 21,758 call options on the stock. This is an increase of approximately 2,658% compared to the typical daily volume of 789 call options.

Institutional Trading of Teucrium Corn Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Safe Harbor Fiduciary LLC acquired a new stake in Teucrium Corn Fund during the fourth quarter worth $66,000. Group One Trading LLC lifted its stake in 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 purchasing an additional 13,250 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Teucrium Corn Fund in the 3rd quarter valued at approximately $322,000. Rockefeller Capital Management L.P. acquired a new position in shares of Teucrium Corn Fund in the 2nd quarter worth approximately $407,000. Finally, Militia Capital Partners LP acquired a new stake in Teucrium Corn Fund in the 4th quarter valued at $865,000.

Teucrium Corn Fund Stock Up 0.5%

Shares of Teucrium Corn Fund stock traded up $0.10 during midday trading on Thursday, reaching $18.62. 731,654 shares of the company’s stock traded hands, compared to its average volume of 167,617. Teucrium Corn Fund has a 52 week low of $16.61 and a 52 week high of $19.76. The company’s 50 day simple moving average is $17.59 and its 200 day simple moving average is $17.68.

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%.