Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 378,460 shares, a decrease of 71.0% from the April 30th total of 1,303,942 shares. Currently, 6.8% of the shares of the company are sold short. Based on an average trading volume of 716,245 shares, the short-interest ratio is currently 0.5 days.
Hedge Funds Weigh In On Teucrium Sugar Fund
Several institutional investors have recently modified their holdings of CANE. Group One Trading LLC bought a new position in shares of Teucrium Sugar Fund in the third quarter valued at approximately $105,000. Citadel Advisors LLC bought a new position in shares of Teucrium Sugar Fund in the third quarter valued at approximately $158,000. Flow Traders U.S. LLC bought a new position in shares of Teucrium Sugar Fund in the third quarter valued at approximately $167,000. Jane Street Group LLC grew its holdings in shares of 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 acquiring an additional 14,320 shares in the last quarter. Finally, Teucrium Investment Advisors LLC bought a new position in shares of Teucrium Sugar Fund in the fourth quarter valued at approximately $1,597,000.
Teucrium Sugar Fund Stock Performance
Shares of CANE stock traded up $0.09 during trading on Friday, hitting $9.56. The company’s stock had a trading volume of 621,632 shares, compared to its average volume of 450,535. The business has a fifty day moving average of $9.87 and a 200-day moving average of $9.64. Teucrium Sugar Fund has a 52 week low of $8.97 and a 52 week high of $11.46.
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.
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