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

Teucrium Corn Fund (NYSEARCA:CORN) 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 changing hands.

Teucrium Corn Fund Trading Up 0.8 %

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

Hedge Funds Weigh In On Teucrium Corn Fund

A hedge fund recently bought a new stake in Teucrium Corn Fund stock. Safe Harbor Fiduciary LLC purchased a new stake in Teucrium Corn Fund (NYSEARCA:CORN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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 as of its most recent filing with the Securities and Exchange Commission.

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%.