Short Interest in Teucrium Sugar Fund (NYSEARCA:CANE) Declines By 44.9%

Teucrium Sugar Fund (NYSEARCA:CANE) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 151,145 shares, a drop of 44.9% from the June 30th total of 274,423 shares. Based on an average trading volume of 233,887 shares, the short-interest ratio is currently 0.6 days. Approximately 2.0% of the shares of the company are sold short.

Teucrium Sugar Fund Trading Up 0.9%

Shares of Teucrium Sugar Fund stock traded up $0.09 on Friday, hitting $9.62. 212,555 shares of the company’s stock were exchanged, compared to its average volume of 384,752. Teucrium Sugar Fund has a 1 year low of $8.97 and a 1 year high of $11.31. The company has a 50-day simple moving average of $9.64 and a 200-day simple moving average of $9.64.

Hedge Funds Weigh In On Teucrium Sugar Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Group One Trading LLC bought a new stake in Teucrium Sugar Fund during the third quarter valued at about $105,000. Citadel Advisors LLC purchased a new stake in Teucrium Sugar Fund in the third quarter worth about $158,000. Flow Traders U.S. LLC bought a new position in shares of Teucrium Sugar Fund in the third quarter worth about $167,000. Jane Street Group LLC raised 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 buying an additional 14,320 shares during the period. Finally, Teucrium Investment Advisors LLC purchased a new position in shares of Teucrium Sugar Fund during the 4th quarter valued at about $1,597,000.

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.