ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report) shares fell 0.5% during trading on Thursday . The company traded as low as $25.89 and last traded at $26.48. 2,079,942 shares were traded during trading, a decline of 69% from the average session volume of 6,641,468 shares. The stock had previously closed at $26.60.
ProShares UltraShort Bloomberg Natural Gas Price Performance
The firm has a fifty day simple moving average of $24.02 and a two-hundred day simple moving average of $24.63.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in KOLD. Headlands Technologies LLC bought a new stake in shares of ProShares UltraShort Bloomberg Natural Gas during the 2nd quarter valued at about $61,000. Centaurus Financial Inc. purchased a new stake in ProShares UltraShort Bloomberg Natural Gas in the first quarter worth about $151,000. Belvedere Trading LLC bought a new stake in ProShares UltraShort Bloomberg Natural Gas during the 4th quarter valued at approximately $293,000. Jump Financial LLC grew its holdings in shares of ProShares UltraShort Bloomberg Natural Gas by 278.0% during the 4th quarter. Jump Financial LLC now owns 27,215 shares of the company’s stock worth $960,000 after acquiring an additional 20,015 shares during the period. Finally, Two Sigma Securities LLC purchased a new position in shares of ProShares UltraShort Bloomberg Natural Gas during the 2nd quarter worth 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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