Teucrium Sugar Fund (NYSEARCA:CANE) Stock Price Down 0.1% – Should You Sell?

Teucrium Sugar Fund (NYSEARCA:CANE)’s stock price dropped 0.1% on Friday . The stock traded as low as $8.97 and last traded at $9.03. Approximately 62,424 shares changed hands during trading, an increase of 16% from the average daily volume of 54,011 shares. The stock had previously closed at $9.04.

Teucrium Sugar Fund Stock Down 0.1%

The firm has a fifty day moving average price of $9.56 and a 200 day moving average price of $9.98.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Group One Trading LLC acquired a new stake in Teucrium Sugar Fund in the 3rd quarter valued at about $105,000. Belvedere Trading LLC acquired a new position in Teucrium Sugar Fund during the third quarter worth approximately $122,000. Jane Street Group LLC raised its stake in Teucrium Sugar Fund by 103.2% in the fourth quarter. Jane Street Group LLC now owns 28,202 shares of the company’s stock valued at $275,000 after buying an additional 14,320 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Teucrium Sugar Fund in the third quarter valued at approximately $158,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Teucrium Sugar Fund in the third quarter valued at approximately $167,000.

Teucrium Sugar Fund Company Profile

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.