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

Teucrium Corn Fund (NYSEARCA:CORN) was the target of unusually large options trading on Friday. Traders bought 10,281 call options on the stock. This represents an increase of 140% compared to the typical volume of 4,288 call options.

Institutional Investors Weigh In On Teucrium Corn Fund

A number of institutional investors and hedge funds have recently bought and sold shares of CORN. Teucrium Investment Advisors LLC bought a new stake in Teucrium Corn Fund during the fourth quarter valued at approximately $1,582,000. Militia Capital Partners LP purchased a new stake in shares of Teucrium Corn Fund during the 4th quarter valued at $865,000. Rockefeller Capital Management L.P. purchased a new stake in shares of Teucrium Corn Fund during the 2nd quarter valued at $407,000. Flow Traders U.S. LLC bought a new stake in shares of Teucrium Corn Fund during the 3rd quarter worth $322,000. Finally, Group One Trading LLC lifted its holdings in shares of 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 acquiring an additional 13,250 shares during the last quarter.

Teucrium Corn Fund Stock Performance

Shares of NYSEARCA:CORN traded down $0.07 on Friday, hitting $18.65. The company’s stock had a trading volume of 906,683 shares, compared to its average volume of 458,970. The company has a 50-day simple moving average of $17.82 and a 200 day simple moving average of $17.76. Teucrium Corn Fund has a 1 year low of $16.61 and a 1 year high of $19.76.

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%.