Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report) was the target 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 daily trading volume, of 288,194 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.3% of the company’s stock are short sold.
Institutional Trading of Teucrium Sugar Fund
Several institutional investors and hedge funds have recently modified their holdings of the stock. Group One Trading LLC raised its position 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 buying an additional 35,715 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Teucrium Sugar Fund in the 1st quarter worth $1,466,000. Geneos Wealth Management Inc. bought a new stake in shares of Teucrium Sugar Fund in the 1st quarter worth $25,000. Teucrium Investment Advisors LLC bought a new stake in shares of Teucrium Sugar Fund in the 4th quarter worth $1,597,000. Finally, Jane Street Group LLC raised 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 purchasing an additional 14,320 shares during the last quarter.
Teucrium Sugar Fund Price Performance
Shares of Teucrium Sugar Fund stock opened at $9.77 on Monday. Teucrium Sugar Fund has a 52 week low of $8.97 and a 52 week high of $11.31. The stock has a 50 day moving average price of $9.64 and a two-hundred day moving average price of $9.63.
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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