Teucrium Sugar Fund (NYSEARCA:CANE) Sees Large Increase in Short Interest

Teucrium Sugar Fund (NYSEARCA:CANE) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 355,775 shares, an increase of 119.2% from the August 15th total of 162,328 shares. Currently, 6.2% of the shares of the company are sold short. Based on an average trading volume of 288,190 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CANE. Geneos Wealth Management Inc. bought a new stake in shares of Teucrium Sugar Fund during the first quarter valued at about $25,000. Group One Trading LLC bought a new position in shares of Teucrium Sugar Fund in the third quarter worth $105,000. Citadel Advisors LLC purchased a new stake in shares of Teucrium Sugar Fund in the third quarter worth $158,000. Flow Traders U.S. LLC purchased a new stake in shares of Teucrium Sugar Fund in the third quarter worth $167,000. Finally, Jane Street Group LLC boosted 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 last quarter.

Teucrium Sugar Fund Trading Down 0.4%

Shares of CANE stock traded down $0.05 during trading hours on Monday, hitting $11.47. 402,808 shares of the company were exchanged, compared to its average volume of 381,372. The firm has a fifty day simple moving average of $10.53 and a 200 day simple moving average of $10.00. Teucrium Sugar Fund has a 52-week low of $8.97 and a 52-week high of $11.88.

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.