Teucrium Sugar Fund (NYSEARCA:CANE) Stock Price Down 1.7% – Here’s What Happened

Teucrium Sugar Fund (NYSEARCA:CANE) shares dropped 1.7% on Monday . The company traded as low as $9.14 and last traded at $9.19. 282,953 shares were traded during trading, a decline of 34% from the average session volume of 426,845 shares. The stock had previously closed at $9.35.

Teucrium Sugar Fund Trading Up 0.6%

The company’s 50 day moving average is $9.63 and its 200-day moving average is $9.64.

Institutional Trading of Teucrium Sugar Fund

Hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. bought a new stake in shares of Teucrium Sugar Fund in the first quarter worth $25,000. Group One Trading LLC bought a new position in Teucrium Sugar Fund during the 3rd quarter valued at $105,000. Citadel Advisors LLC acquired a new position in Teucrium Sugar Fund during the 3rd quarter worth $158,000. Flow Traders U.S. LLC acquired a new position in Teucrium Sugar Fund during the 3rd quarter worth $167,000. Finally, Jane Street Group LLC increased its position in shares of Teucrium Sugar Fund by 103.2% in the 4th 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.

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.