Teucrium Corn Fund (NYSEARCA:CORN) Sees Large Decline in Short Interest

Teucrium Corn Fund (NYSEARCA:CORN) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 164,017 shares, a decrease of 57.5% from the May 14th total of 386,342 shares. Based on an average trading volume of 576,477 shares, the short-interest ratio is presently 0.3 days. Currently, 1.2% of the shares of the company are short sold.

Teucrium Corn Fund Trading Up 0.5%

Shares of CORN stock traded up $0.08 on Friday, hitting $16.80. The company’s stock had a trading volume of 257,940 shares, compared to its average volume of 632,095. The stock’s 50 day moving average is $18.09 and its 200-day moving average is $17.92. Teucrium Corn Fund has a fifty-two week low of $16.61 and a fifty-two week high of $19.13.

Institutional Investors Weigh In On Teucrium Corn Fund

Several institutional investors and hedge funds have recently bought and sold shares of CORN. Group One Trading LLC lifted its position in Teucrium Corn Fund by 17,597.2% during the first quarter. Group One Trading LLC now owns 462,606 shares of the exchange traded fund’s stock worth $8,512,000 after purchasing an additional 459,992 shares during the period. Cetera Investment Advisers lifted its position in Teucrium Corn Fund by 1,143.0% during the first quarter. Cetera Investment Advisers now owns 164,961 shares of the exchange traded fund’s stock worth $3,035,000 after purchasing an additional 151,690 shares during the period. Walser Wealth Management Company A Ltd Liability Co bought a new stake in Teucrium Corn Fund during the first quarter worth about $2,445,000. Teucrium Investment Advisors LLC bought a new stake in Teucrium Corn Fund during the fourth quarter worth about $1,582,000. Finally, Militia Capital Partners LP bought a new stake in Teucrium Corn Fund during the fourth quarter worth about $865,000.

About Teucrium Corn Fund

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%.