ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $19.57, but opened at $20.44. ProShares UltraShort Bloomberg Natural Gas shares last traded at $20.58, with a volume of 1,418,586 shares trading hands.
ProShares UltraShort Bloomberg Natural Gas Trading Up 6.2 %
The company’s fifty day simple moving average is $25.42 and its two-hundred day simple moving average is $48.13.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of ProShares UltraShort Bloomberg Natural Gas by 767.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,952 shares of the company’s stock valued at $108,000 after buying an additional 1,727 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in shares of ProShares UltraShort Bloomberg Natural Gas by 13.3% during the third quarter. Flow Traders U.S. LLC now owns 15,630 shares of the company’s stock valued at $863,000 after purchasing an additional 1,837 shares during the last quarter. Two Sigma Securities LLC acquired a new stake in shares of ProShares UltraShort Bloomberg Natural Gas during the 4th quarter worth approximately $620,000. Tower Research Capital LLC TRC acquired a new stake in shares of ProShares UltraShort Bloomberg Natural Gas during the 4th quarter worth approximately $962,000. Finally, Aveo Capital Partners LLC bought a new stake in shares of ProShares UltraShort Bloomberg Natural Gas in the 4th quarter worth approximately $2,556,000.
ProShares UltraShort Bloomberg Natural Gas Company Profile
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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