Teucrium Sugar Fund (NYSEARCA:CANE) Stock Price Down 1% – Time to Sell?

Teucrium Sugar Fund (NYSEARCA:CANE)’s stock price fell 1% during mid-day trading on Friday . The stock traded as low as $9.52 and last traded at $9.55. 44,026 shares traded hands during trading, an increase of 27% from the average session volume of 34,562 shares. The stock had previously closed at $9.65.

Teucrium Sugar Fund Price Performance

The business has a 50 day simple moving average of $9.64 and a 200 day simple moving average of $10.16.

Institutional Trading of Teucrium Sugar Fund

Several large investors have recently modified their holdings of CANE. Group One Trading LLC acquired a new stake in Teucrium Sugar Fund in the 3rd quarter valued at approximately $105,000. Belvedere Trading LLC bought a new position in Teucrium Sugar Fund during the third quarter worth $122,000. Citadel Advisors LLC bought a new position in Teucrium Sugar Fund during the third quarter worth $158,000. Finally, Flow Traders U.S. LLC acquired a new position in Teucrium Sugar Fund during the 3rd quarter valued at $167,000.

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.