ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report) shares were up 5.5% during trading on Thursday . The company traded as high as $30.34 and last traded at $30.11. Approximately 2,299,800 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 6,198,816 shares. The stock had previously closed at $28.54.
ProShares UltraShort Bloomberg Natural Gas Trading Up 5.5%
The company’s fifty day moving average is $25.92 and its 200 day moving average is $23.73.
Institutional Investors Weigh In On ProShares UltraShort Bloomberg Natural Gas
A number of large investors have recently added to or reduced their stakes in KOLD. Centaurus Financial Inc. bought a new stake in shares of ProShares UltraShort Bloomberg Natural Gas in the 1st quarter worth approximately $151,000. Jump Financial LLC lifted its position in 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 valued at $960,000 after acquiring an additional 20,015 shares during the period. Belvedere Trading LLC bought a new stake in ProShares UltraShort Bloomberg Natural Gas during the fourth quarter worth about $293,000. Centric Wealth Management purchased a new stake in ProShares UltraShort Bloomberg Natural Gas in the fourth quarter worth about $4,232,000. Finally, IMC Chicago LLC purchased a new stake in ProShares UltraShort Bloomberg Natural Gas in the fourth quarter worth about $1,960,000.
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.
Further Reading
- Five stocks we like better than ProShares UltraShort Bloomberg Natural Gas
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
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.
