Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 75,048 shares, a decline of 57.1% from the May 31st total of 174,814 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 288,194 shares, the short-interest ratio is currently 0.3 days.
Teucrium Sugar Fund Stock Performance
NYSEARCA:CANE remained flat at $9.79 during mid-day trading on Tuesday. 194,268 shares of the company’s stock traded hands, compared to its average volume of 419,973. The business’s 50-day moving average price is $9.66 and its two-hundred day moving average price is $9.64. Teucrium Sugar Fund has a one year low of $8.97 and a one year high of $11.31.
Institutional Trading of Teucrium Sugar Fund
A number of hedge funds have recently modified their holdings of CANE. Group One Trading LLC purchased a new position in Teucrium Sugar Fund during the third quarter valued at approximately $105,000. Citadel Advisors LLC purchased a new stake in Teucrium Sugar Fund in the 3rd quarter worth approximately $158,000. Flow Traders U.S. LLC acquired a new stake in shares of Teucrium Sugar Fund during the 3rd quarter worth approximately $167,000. Jane Street Group LLC grew its stake in shares of Teucrium Sugar Fund by 103.2% during the 4th quarter. Jane Street Group LLC now owns 28,202 shares of the company’s stock worth $275,000 after purchasing an additional 14,320 shares during the period. Finally, Teucrium Investment Advisors LLC purchased a new position in shares of Teucrium Sugar Fund during the 4th quarter valued at approximately $1,597,000.
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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