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

Teucrium Sugar Fund (NYSEARCA:CANE) was the recipient of a significant growth in short interest during the month of 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. Currently, 3.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 253,266 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On Teucrium Sugar Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. acquired a new position in shares of Teucrium Sugar Fund during the first quarter worth approximately $25,000. Group One Trading LLC bought a new stake in shares of Teucrium Sugar Fund during the third quarter worth $105,000. Citadel Advisors LLC bought a new stake in shares of Teucrium Sugar Fund during the third quarter worth $158,000. Flow Traders U.S. LLC acquired a new position in shares of Teucrium Sugar Fund during the third quarter valued at $167,000. Finally, Jane Street Group LLC lifted its stake 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 valued at $275,000 after acquiring an additional 14,320 shares during the period.

Teucrium Sugar Fund Stock Up 0.9%

Shares of CANE traded up $0.09 on Tuesday, hitting $9.84. The company’s stock had a trading volume of 245,966 shares, compared to its average volume of 408,067. The company has a 50 day moving average price of $9.73 and a 200 day moving average price of $9.65. Teucrium Sugar Fund has a fifty-two week low of $8.97 and a fifty-two week high of $11.31.

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.