Teucrium Sugar Fund (NYSEARCA:CANE) Short Interest Down 71.0% in May

Teucrium Sugar Fund (NYSEARCA:CANE) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 378,460 shares, a drop of 71.0% from the April 30th total of 1,303,942 shares. Based on an average trading volume of 716,245 shares, the days-to-cover ratio is presently 0.5 days. Currently, 6.8% of the company’s shares are sold short.

Institutional Trading of Teucrium Sugar Fund

A number of hedge funds have recently bought and sold shares of CANE. Teucrium Investment Advisors LLC purchased a new position in Teucrium Sugar Fund during the fourth quarter worth approximately $1,597,000. Cetera Investment Advisers acquired a new position in shares of Teucrium Sugar Fund in the 1st quarter valued at $1,466,000. Group One Trading LLC boosted its holdings in shares of Teucrium Sugar Fund by 360.8% in the 1st quarter. Group One Trading LLC now owns 45,615 shares of the company’s stock valued at $476,000 after purchasing an additional 35,715 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Teucrium Sugar Fund by 103.2% in the 4th quarter. Jane Street Group LLC now owns 28,202 shares of the company’s stock valued at $275,000 after purchasing an additional 14,320 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of Teucrium Sugar Fund in the 3rd quarter valued at $167,000.

Teucrium Sugar Fund Stock Up 1.0%

NYSEARCA CANE traded up $0.09 during mid-day trading on Friday, reaching $9.56. 621,632 shares of the stock were exchanged, compared to its average volume of 450,535. Teucrium Sugar Fund has a 1-year low of $8.97 and a 1-year high of $11.46. The business’s fifty day simple moving average is $9.87 and its 200 day simple moving average is $9.64.

About Teucrium Sugar Fund

Teucrium Sugar Fund (the Fund) is a commodity pool. The Fund is a series of the Teucrium Commodity Trust (Trust). The Teucrium Sugar Fund provides investors unleveraged direct exposure to sugar without the need for a futures account. The investment objective of the Fund is to have the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for sugar (Sugar Futures Contracts) that are traded on ICE Futures US (ICE Futures), which includes the second-to-expire Sugar No.