Teucrium Sugar Fund (NYSEARCA:CANE) Stock Price Down 0.1% – Should You Sell?

Teucrium Sugar Fund (NYSEARCA:CANE) shares traded down 0.1% during trading on Friday . The company traded as low as $8.97 and last traded at $9.03. 62,424 shares traded hands during trading, an increase of 16% from the average session volume of 54,011 shares. The stock had previously closed at $9.04.

Teucrium Sugar Fund Stock Down 0.1%

The stock has a fifty day moving average price of $9.56 and a two-hundred day moving average price of $9.99.

Hedge Funds Weigh In On Teucrium Sugar Fund

A number of hedge funds have recently bought and sold shares of CANE. Belvedere Trading LLC purchased a new stake in shares of Teucrium Sugar Fund in the third quarter valued at about $122,000. Group One Trading LLC purchased a new position in Teucrium Sugar Fund during the third quarter worth about $105,000. Citadel Advisors LLC bought a new stake in Teucrium Sugar Fund in the 3rd quarter worth about $158,000. Flow Traders U.S. LLC bought a new stake in Teucrium Sugar Fund in the 3rd quarter worth about $167,000. Finally, Jane Street Group LLC increased its stake in Teucrium Sugar Fund by 103.2% in the 4th quarter. Jane Street Group LLC now owns 28,202 shares of the company’s stock valued at $275,000 after buying an additional 14,320 shares during the last quarter.

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.