Teucrium Corn Fund (NYSEARCA:CORN) Shares Cross Below 200 Day Moving Average – Time to Sell?

Teucrium Corn Fund (NYSEARCA:CORN)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $18.63 and traded as low as $18.07. Teucrium Corn Fund shares last traded at $18.12, with a volume of 39,838 shares trading hands.

Teucrium Corn Fund Price Performance

The company’s 50 day simple moving average is $18.10 and its 200 day simple moving average is $18.63.

Institutional Investors Weigh In On Teucrium Corn Fund

A hedge fund recently bought a new stake in Teucrium Corn Fund stock. Safe Harbor Fiduciary LLC acquired a new stake in Teucrium Corn Fund (NYSEARCA:CORN) in the third quarter, according to its most recent filing with the SEC. The fund acquired 11,200 shares of the exchange traded fund’s stock, valued at approximately $207,000. Safe Harbor Fiduciary LLC owned approximately 0.32% of Teucrium Corn Fund at the end of the most recent quarter.

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%.