Shares of ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $20.53, but opened at $21.93. ProShares UltraShort Bloomberg Natural Gas shares last traded at $22.01, with a volume of 2,375,134 shares traded.
ProShares UltraShort Bloomberg Natural Gas Stock Up 9.1%
The stock has a 50 day simple moving average of $28.03 and a two-hundred day simple moving average of $31.31.
Institutional Trading of ProShares UltraShort Bloomberg Natural Gas
A number of large investors have recently bought and sold shares of the business. XTX Topco Ltd purchased a new position in shares of ProShares UltraShort Bloomberg Natural Gas during the second quarter worth about $249,000. Flow Traders U.S. LLC lifted its position in ProShares UltraShort Bloomberg Natural Gas by 658.3% during the 2nd quarter. Flow Traders U.S. LLC now owns 99,692 shares of the company’s stock worth $2,553,000 after acquiring an additional 86,546 shares during the period. StoneX Group Inc. acquired a new stake in ProShares UltraShort Bloomberg Natural Gas during the 2nd quarter worth approximately $802,000. Jump Financial LLC purchased a new position in shares of ProShares UltraShort Bloomberg Natural Gas in the 2nd quarter valued at approximately $1,964,000. Finally, Two Sigma Securities LLC acquired a new position in shares of ProShares UltraShort Bloomberg Natural Gas in the second quarter valued at 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.
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