Short Interest in ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) Rises By 82.1%

ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 3,917,307 shares, an increase of 82.1% from the January 15th total of 2,151,621 shares. Based on an average daily trading volume, of 26,361,223 shares, the short-interest ratio is currently 0.1 days. Approximately 13.1% of the company’s stock are sold short. Approximately 13.1% of the company’s stock are sold short. Based on an average daily trading volume, of 26,361,223 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. StoneX Group Inc. bought a new stake in ProShares UltraShort Bloomberg Natural Gas during the second quarter worth $802,000. Flow Traders U.S. LLC boosted its holdings 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 last quarter. Belvedere Trading LLC purchased a new position in ProShares UltraShort Bloomberg Natural Gas during the 2nd quarter worth $279,000. Jump Financial LLC bought a new stake in shares of ProShares UltraShort Bloomberg Natural Gas in the 2nd quarter worth $1,964,000. Finally, Two Sigma Securities LLC purchased a new stake in shares of ProShares UltraShort Bloomberg Natural Gas in the second quarter valued at about $756,000.

ProShares UltraShort Bloomberg Natural Gas Stock Up 0.1%

Shares of NYSEARCA KOLD traded up $0.03 during mid-day trading on Friday, reaching $20.63. 6,067,902 shares of the company’s stock traded hands, compared to its average volume of 14,892,722. The business has a 50-day simple moving average of $30.28 and a 200 day simple moving average of $32.23. ProShares UltraShort Bloomberg Natural Gas has a 1-year low of $13.44 and a 1-year high of $49.47.

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.