Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 274,423 shares, a growth of 265.7% from the June 15th total of 75,048 shares. Based on an average trading volume of 253,266 shares, the short-interest ratio is presently 1.1 days. Approximately 3.7% of the shares of the company are short sold.
Institutional Trading of Teucrium Sugar Fund
Hedge funds have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. bought a new position in Teucrium Sugar Fund in the 1st quarter worth approximately $25,000. Group One Trading LLC bought a new stake in shares of Teucrium Sugar Fund in the third quarter valued at approximately $105,000. Citadel Advisors LLC acquired a new stake in shares of Teucrium Sugar Fund in the third quarter worth $158,000. Flow Traders U.S. LLC acquired a new stake in shares of Teucrium Sugar Fund in the third quarter worth $167,000. Finally, Jane Street Group LLC grew its stake 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 worth $275,000 after acquiring an additional 14,320 shares during the last quarter.
Teucrium Sugar Fund Trading Down 0.9%
Shares of NYSEARCA:CANE traded down $0.09 during midday trading on Monday, hitting $9.72. The company’s stock had a trading volume of 302,836 shares, compared to its average volume of 408,855. The stock’s 50 day simple moving average is $9.74 and its 200 day simple moving average is $9.65. Teucrium Sugar Fund has a fifty-two week low of $8.97 and a fifty-two week high of $11.31.
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.
Further Reading
- Five stocks we like better than Teucrium Sugar Fund
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
Receive News & Ratings for Teucrium Sugar Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teucrium Sugar Fund and related companies with MarketBeat.com's FREE daily email newsletter.
