Shares of ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $17.37, but opened at $17.85. ProShares UltraShort Bloomberg Natural Gas shares last traded at $18.08, with a volume of 2,097,191 shares changing hands.
ProShares UltraShort Bloomberg Natural Gas Stock Performance
The company has a 50 day moving average of $32.43 and a 200-day moving average of $54.98.
Institutional Trading of ProShares UltraShort Bloomberg Natural Gas
Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in shares of ProShares UltraShort Bloomberg Natural Gas by 767.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,952 shares of the company’s stock worth $108,000 after buying an additional 1,727 shares during the period. Two Sigma Securities LLC acquired a new position in shares of ProShares UltraShort Bloomberg Natural Gas in the 4th quarter valued at $620,000. Flow Traders U.S. LLC lifted its stake in ProShares UltraShort Bloomberg Natural Gas by 13.3% during the third quarter. Flow Traders U.S. LLC now owns 15,630 shares of the company’s stock worth $863,000 after purchasing an additional 1,837 shares during the period. Tower Research Capital LLC TRC acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the 4th quarter valued at $962,000. Finally, Aveo Capital Partners LLC acquired a new stake in shares of ProShares UltraShort Bloomberg Natural Gas during the 4th quarter worth about $2,556,000.
ProShares UltraShort Bloomberg Natural Gas Company Profile
The ProShares UltraShort Bloomberg Natural Gas (KOLD) is an exchange-traded fund that is based on the Bloomberg Natural Gas Subindex index. The fund provides daily -2x exposure to an index that tracks natural gas by holding one second month futures contract at a time. KOLD was launched on Oct 4, 2011 and is managed by ProShares.
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