Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 75,048 shares, a decrease of 57.1% from the May 31st total of 174,814 shares. Based on an average trading volume of 288,194 shares, the short-interest ratio is presently 0.3 days. Approximately 1.3% of the shares of the company are short sold.
Teucrium Sugar Fund Stock Up 1.5%
NYSEARCA:CANE opened at $9.77 on Monday. The firm’s 50 day moving average is $9.64 and its 200 day moving average is $9.63. Teucrium Sugar Fund has a 12 month low of $8.97 and a 12 month high of $11.31.
Institutional Trading of Teucrium Sugar Fund
Several hedge funds have recently made changes to their positions in CANE. Teucrium Investment Advisors LLC bought a new position in shares of Teucrium Sugar Fund during the 4th quarter worth $1,597,000. Cetera Investment Advisers bought a new stake in Teucrium Sugar Fund in the 1st quarter valued at about $1,466,000. Group One Trading LLC raised its stake in 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 acquiring an additional 35,715 shares during the period. Jane Street Group LLC lifted its holdings in Teucrium Sugar Fund by 103.2% during the fourth 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 purchased a new stake in Teucrium Sugar Fund during the third quarter valued at about $167,000.
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.
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