Teucrium Sugar Fund (NYSEARCA:CANE) Stock Price Down 0.1% – Should You Sell?

Teucrium Sugar Fund (NYSEARCA:CANE) fell 0.1% during mid-day trading on Friday . The company traded as low as $8.97 and last traded at $9.03. 62,424 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 54,011 shares. The stock had previously closed at $9.04.

Teucrium Sugar Fund Stock Performance

The company’s 50-day moving average price is $9.56 and its two-hundred day moving average price is $9.99.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Group One Trading LLC bought a new stake in shares of Teucrium Sugar Fund during the 3rd quarter valued at about $105,000. Belvedere Trading LLC acquired a new position in Teucrium Sugar Fund in the third quarter valued at approximately $122,000. Citadel Advisors LLC bought a new position in shares of Teucrium Sugar Fund during the 3rd quarter worth approximately $158,000. Flow Traders U.S. LLC bought a new position in shares of Teucrium Sugar Fund during the 3rd quarter worth approximately $167,000. Finally, Jane Street Group LLC lifted its position in shares of 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 acquiring an additional 14,320 shares during the period.

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.