Short Interest in Teucrium Sugar Fund (NYSEARCA:CANE) Rises By 265.7%

Teucrium Sugar Fund (NYSEARCA:CANE) was the recipient of a significant growth in short interest in 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 days-to-cover ratio is presently 1.1 days. Approximately 3.7% of the shares of the stock are short sold.

Teucrium Sugar Fund Trading Down 1.6%

CANE stock traded down $0.16 during trading on Friday, hitting $9.81. 167,985 shares of the stock traded hands, compared to its average volume of 409,688. The company has a 50 day simple moving average of $9.74 and a 200 day simple moving average of $9.65. Teucrium Sugar Fund has a one year low of $8.97 and a one year high of $11.31.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. bought a new stake in Teucrium Sugar Fund during the 1st quarter worth approximately $25,000. Group One Trading LLC bought a new position in Teucrium Sugar Fund in the 3rd quarter valued at $105,000. Citadel Advisors LLC acquired a new position in Teucrium Sugar Fund in the third quarter worth $158,000. Flow Traders U.S. LLC acquired a new position in Teucrium Sugar Fund in the third quarter worth $167,000. Finally, Jane Street Group LLC grew its holdings in shares of Teucrium Sugar Fund by 103.2% during the fourth quarter. Jane Street Group LLC now owns 28,202 shares of the company’s stock worth $275,000 after purchasing an additional 14,320 shares during the last quarter.

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.