Short Interest in United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) Decreases By 76.3%

United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 66,271 shares, a decrease of 76.3% from the May 31st total of 279,750 shares. Currently, 2.9% of the shares of the company are sold short. Based on an average daily trading volume, of 64,567 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC acquired a new stake in United States 12 Month Natural Gas Fund during the 4th quarter worth about $47,000. Group One Trading LLC grew its holdings in United States 12 Month Natural Gas Fund by 310.0% during the second quarter. Group One Trading LLC now owns 8,200 shares of the company’s stock worth $71,000 after acquiring an additional 6,200 shares during the period. StoneX Group Inc. purchased a new position in United States 12 Month Natural Gas Fund during the fourth quarter valued at approximately $92,000. Finally, Jane Street Group LLC raised its position in United States 12 Month Natural Gas Fund by 67.8% during the first quarter. Jane Street Group LLC now owns 68,782 shares of the company’s stock valued at $705,000 after acquiring an additional 27,793 shares in the last quarter.

United States 12 Month Natural Gas Fund Price Performance

NYSEARCA:UNL traded down $0.15 during midday trading on Monday, hitting $6.35. The company’s stock had a trading volume of 40,329 shares, compared to its average volume of 103,157. United States 12 Month Natural Gas Fund has a fifty-two week low of $6.21 and a fifty-two week high of $9.11. The firm’s 50 day moving average is $6.48 and its 200-day moving average is $6.94.

United States 12 Month Natural Gas Fund Company Profile

The United States 12 Month Natural Gas Fund, LP (UNL) is an exchange-traded security company. The Company’s investment objective 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 average of the prices of the Benchmark Futures Contracts, less UNL’s expenses. UNL seeks to achieve its investment objective by investing in a combination of Futures Contracts and other natural gas-related Investments such that the daily changes in its NAV, measured in percentage terms, will closely track the changes in the average in the prices of the Benchmark Futures Contracts, also measured in percentage terms.