United States Natural Gas Fund LP (NYSEARCA:UNG) Shares Shorted: Short Interest Up 85.0% in September

United States Natural Gas Fund LP (NYSEARCA:UNG) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 6,172,009 shares, an increase of 85.0% from the September 15th total of 3,336,278 shares. Based on an average daily volume of 33,570,497 shares, the short-interest ratio is presently 0.2 days. Currently, 13.7% of the company’s shares are sold short.

Institutional Investors Weigh In On United States Natural Gas Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Realta Investment Advisors lifted its holdings in United States Natural Gas Fund by 14.3% in the first quarter. Realta Investment Advisors now owns 56,000 shares of the exchange traded fund’s stock valued at $657,000 after buying an additional 7,000 shares during the period. SG Americas Securities LLC grew its holdings in United States Natural Gas Fund by 50.7% during the 1st quarter. SG Americas Securities LLC now owns 53,210 shares of the exchange traded fund’s stock worth $624,000 after acquiring an additional 17,900 shares during the period. Compound Planning Inc. grew its holdings in United States Natural Gas Fund by 23.5% during the 1st quarter. Compound Planning Inc. now owns 25,782 shares of the exchange traded fund’s stock worth $302,000 after acquiring an additional 4,901 shares during the period. Axiom Investment Management LLC acquired a new stake in United States Natural Gas Fund during the 1st quarter worth $229,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of United States Natural Gas Fund during the 2nd quarter valued at $199,000.

United States Natural Gas Fund Trading Down 1.7%

Shares of NYSEARCA UNG opened at $11.22 on Thursday. The firm has a market capitalization of $523.41 million, a PE ratio of -15.04 and a beta of 0.21. United States Natural Gas Fund has a 1 year low of $9.55 and a 1 year high of $17.02. The firm’s 50-day moving average is $10.44 and its 200-day moving average is $10.84.

United States Natural Gas Fund Company Profile

United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of the Company is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of the futures contracts on natural gas traded on the New York Mercantile Exchange (the NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire (the Benchmark Futures Contract), less its expenses.