Short Interest in ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) Declines By 60.0%

ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 1,566,193 shares, a decline of 60.0% from the January 29th total of 3,917,307 shares. Currently, 5.2% of the shares of the company are sold short. Based on an average daily trading volume, of 14,728,980 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 14,728,980 shares, the short-interest ratio is presently 0.1 days. Currently, 5.2% of the shares of the company are sold short.

ProShares UltraShort Bloomberg Natural Gas Stock Down 2.0%

KOLD traded down $0.48 during trading hours on Friday, hitting $23.45. The company’s stock had a trading volume of 3,774,219 shares, compared to its average volume of 12,822,138. ProShares UltraShort Bloomberg Natural Gas has a fifty-two week low of $13.44 and a fifty-two week high of $49.47. The company has a 50-day simple moving average of $28.62 and a 200 day simple moving average of $31.55.

Institutional Investors Weigh In On ProShares UltraShort Bloomberg Natural Gas

Several institutional investors have recently bought and sold shares of KOLD. StoneX Group Inc. bought a new stake in shares of ProShares UltraShort Bloomberg Natural Gas during the 2nd quarter worth about $802,000. Flow Traders U.S. LLC boosted its holdings in shares of ProShares UltraShort Bloomberg Natural Gas by 658.3% in the second quarter. Flow Traders U.S. LLC now owns 99,692 shares of the company’s stock valued at $2,553,000 after acquiring an additional 86,546 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of ProShares UltraShort Bloomberg Natural Gas during the second quarter valued at approximately $249,000. Jump Financial LLC bought a new stake in ProShares UltraShort Bloomberg Natural Gas during the second quarter worth approximately $1,964,000. Finally, Two Sigma Securities LLC acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the second quarter worth approximately $756,000.

About ProShares UltraShort Bloomberg Natural Gas

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.