Teucrium Corn Fund (NYSEARCA:CORN) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of Teucrium Corn Fund (NYSEARCA:CORN) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.49 and traded as low as $17.69. Teucrium Corn Fund shares last traded at $17.77, with a volume of 69,926 shares traded.

Teucrium Corn Fund Stock Performance

The firm has a 50 day simple moving average of $18.10 and a two-hundred day simple moving average of $18.46.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Teucrium Corn Fund stock. Safe Harbor Fiduciary LLC purchased a new stake in shares of Teucrium Corn Fund (NYSEARCA:CORN) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,200 shares of the exchange traded fund’s stock, valued at approximately $207,000. Safe Harbor Fiduciary LLC owned about 0.32% of Teucrium Corn Fund at the end of the most recent reporting period.

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%.