ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report)’s stock price were down 4.8% during mid-day trading on Tuesday . The company traded as low as $68.51 and last traded at $72.09. Approximately 938,268 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 2,608,867 shares. The stock had previously closed at $75.76.
ProShares UltraShort Bloomberg Natural Gas Stock Performance
The firm’s 50-day simple moving average is $71.17 and its 200 day simple moving average is $50.03.
Institutional Trading of ProShares UltraShort Bloomberg Natural Gas
Large investors have recently bought and sold shares of the business. Pinnacle Holdings LLC acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the first quarter valued at approximately $78,000. UBS Group AG grew its position in ProShares UltraShort Bloomberg Natural Gas by 30.8% during the 1st quarter. UBS Group AG now owns 7,124 shares of the company’s stock worth $115,000 after acquiring an additional 1,679 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in ProShares UltraShort Bloomberg Natural Gas by 102.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,534 shares of the company’s stock worth $437,000 after purchasing an additional 2,291 shares in the last quarter. Simplex Trading LLC acquired a new position in ProShares UltraShort Bloomberg Natural Gas in the 3rd quarter worth about $476,000. Finally, Two Sigma Securities LLC bought a new position in ProShares UltraShort Bloomberg Natural Gas in the first quarter valued at about $567,000.
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.
See Also
- Five stocks we like better than ProShares UltraShort Bloomberg Natural Gas
- What does consumer price index measure?
- Silicon Motion Proves That AI in Motion Stays in Motion
- Short Selling: How to Short a Stock
- Undervalued UnitedHealth Group Won’t Be For Long
- Stock Market Upgrades: What Are They?
- The 5 Stocks Most Sold By Insiders This Year
Receive News & Ratings for ProShares UltraShort Bloomberg Natural Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Bloomberg Natural Gas and related companies with MarketBeat.com's FREE daily email newsletter.
