Teucrium Sugar Fund Target of Unusually Large Options Trading (NYSEARCA:CANE)

Teucrium Sugar Fund (NYSEARCA:CANE) was the target of some unusual options trading on Friday. Stock traders purchased 2,646 call options on the stock. This represents an increase of 191% compared to the average daily volume of 908 call options.

Teucrium Sugar Fund Trading Down 0.1%

CANE stock opened at $10.62 on Friday. The business’s fifty day moving average price is $9.55 and its two-hundred day moving average price is $9.72. Teucrium Sugar Fund has a fifty-two week low of $8.97 and a fifty-two week high of $12.70.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CANE. Belvedere Trading LLC bought a new position in Teucrium Sugar Fund in the third quarter worth approximately $122,000. Group One Trading LLC bought a new stake in shares of Teucrium Sugar Fund during the third quarter valued at approximately $105,000. Citadel Advisors LLC acquired a new position in shares of Teucrium Sugar Fund during the third quarter worth approximately $158,000. Flow Traders U.S. LLC acquired a new position in shares of Teucrium Sugar Fund during the third quarter worth approximately $167,000. Finally, Jane Street Group LLC lifted its holdings 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 in 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.