Teucrium Sugar Fund (NYSEARCA:CANE) Shares Down 0.8% – Here’s What Happened

Teucrium Sugar Fund (NYSEARCA:CANE)’s stock price traded down 0.8% during trading on Tuesday . The company traded as low as $10.61 and last traded at $10.61. 26,613 shares traded hands during trading, a decline of 38% from the average session volume of 43,186 shares. The stock had previously closed at $10.70.

Teucrium Sugar Fund Stock Performance

The business has a 50 day simple moving average of $10.90 and a 200 day simple moving average of $11.36.

Institutional Trading of Teucrium Sugar Fund

A hedge fund recently bought a new stake in Teucrium Sugar Fund stock. Oppenheimer & Co. Inc. acquired a new stake in Teucrium Sugar Fund (NYSEARCA:CANE) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 34,373 shares of the company’s stock, valued at approximately $420,000. Oppenheimer & Co. Inc. owned approximately 3.82% of Teucrium Sugar Fund at the end of the most recent quarter.

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.