Teucrium Sugar Fund (NYSEARCA:CANE) Short Interest Update

by · The Cerbat Gem

Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,303,942 shares, an increase of 1,735.7% from the April 15th total of 71,032 shares. Approximately 23.3% of the shares of the company are sold short. Based on an average daily trading volume, of 724,747 shares, the days-to-cover ratio is presently 1.8 days.

Teucrium Sugar Fund Price Performance

CANE opened at $10.05 on Tuesday. The company’s 50 day moving average is $9.77 and its 200 day moving average is $9.58. Teucrium Sugar Fund has a 12-month low of $8.97 and a 12-month high of $11.92.

Hedge Funds Weigh In On Teucrium Sugar Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. purchased a new position in shares of Teucrium Sugar Fund in the first quarter worth approximately $25,000. Group One Trading LLC purchased a new position in Teucrium Sugar Fund during the third quarter valued at approximately $105,000. Belvedere Trading LLC purchased a new position in Teucrium Sugar Fund during the third quarter valued at approximately $122,000. Citadel Advisors LLC purchased a new position in Teucrium Sugar Fund during the third quarter valued at approximately $158,000. Finally, Flow Traders U.S. LLC purchased a new position in Teucrium Sugar Fund during the third quarter valued at approximately $167,000.

About Teucrium Sugar Fund

(Get Free Report)

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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