Teucrium Sugar Fund (NYSEARCA:CANE) Shares Down 0.6%

Shares of Teucrium Sugar Fund (NYSEARCA:CANE) traded down 0.6% on Wednesday . The stock traded as low as $11.64 and last traded at $11.75. Approximately 29,019 shares were traded during trading, a decline of 11% from the average session volume of 32,648 shares. The stock had previously closed at $11.82.

Teucrium Sugar Fund Stock Down 0.6 %

The business’s 50 day moving average is $11.61 and its 200-day moving average is $12.08.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Teucrium Sugar Fund stock. Simplex Trading LLC grew its holdings in Teucrium Sugar Fund (NYSEARCA:CANE) by 59.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,994 shares of the company’s stock after acquiring an additional 2,236 shares during the period. Simplex Trading LLC owned about 0.34% of Teucrium Sugar Fund worth $74,000 as of its most recent filing with the Securities & Exchange Commission.

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.