Teucrium Sugar Fund (NYSEARCA:CANE) Short Interest Update

Teucrium Sugar Fund (NYSEARCA:CANE) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 274,423 shares, an increase of 265.7% from the June 15th total of 75,048 shares. Based on an average daily volume of 253,266 shares, the short-interest ratio is presently 1.1 days. Currently, 3.7% of the company’s stock are short sold.

Hedge Funds Weigh In On Teucrium Sugar Fund

Hedge funds have recently bought and sold shares of the business. Teucrium Investment Advisors LLC acquired a new position in Teucrium Sugar Fund during the 4th quarter worth $1,597,000. Cetera Investment Advisers acquired a new position in shares of Teucrium Sugar Fund during the 1st quarter worth about $1,466,000. Group One Trading LLC lifted its position in shares of Teucrium Sugar Fund by 360.8% during the 1st quarter. Group One Trading LLC now owns 45,615 shares of the company’s stock worth $476,000 after purchasing an additional 35,715 shares during the last quarter. Jane Street Group LLC boosted its stake in Teucrium Sugar Fund by 103.2% during the 4th 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 period. Finally, Flow Traders U.S. LLC bought a new stake in shares of Teucrium Sugar Fund in the third quarter valued at approximately $167,000.

Teucrium Sugar Fund Trading Down 1.6%

Shares of NYSEARCA CANE traded down $0.16 during trading hours on Friday, hitting $9.81. The stock had a trading volume of 167,985 shares, compared to its average volume of 409,688. Teucrium Sugar Fund has a 52 week low of $8.97 and a 52 week high of $11.31. The firm’s 50-day moving average price is $9.74 and its two-hundred day moving average price is $9.65.

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.