Teucrium Sugar Fund (NYSEARCA:CANE) saw some unusual options trading on Tuesday. Investors purchased 3,875 call options on the company. This is an increase of 1,556% compared to the typical volume of 234 call options.
NYSEARCA CANE traded up $0.16 during mid-day trading on Tuesday, reaching $8.12. 207,641 shares of the stock were exchanged, compared to its average volume of 90,847. The business’s 50 day moving average is $7.49 and its 200-day moving average is $6.96. Teucrium Sugar Fund has a 1 year low of $5.15 and a 1 year high of $8.36.
Several institutional investors have recently modified their holdings of the business. Stratos Wealth Advisors LLC purchased a new position in shares of Teucrium Sugar Fund during the 1st quarter valued at approximately $914,000. OLD Mission Capital LLC raised its position in Teucrium Sugar Fund by 28.1% during the third quarter. OLD Mission Capital LLC now owns 115,971 shares of the company’s stock worth $706,000 after acquiring an additional 25,456 shares during the period. Jane Street Group LLC lifted its holdings in Teucrium Sugar Fund by 181.1% during the fourth quarter. Jane Street Group LLC now owns 115,727 shares of the company’s stock valued at $781,000 after purchasing an additional 74,557 shares in the last quarter. Finally, Simplex Trading LLC grew its position in shares of Teucrium Sugar Fund by 146.5% in the first quarter. Simplex Trading LLC now owns 3,569 shares of the company’s stock valued at $25,000 after purchasing an additional 2,121 shares during the period.
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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