ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) Shares Up 2.8% – Here’s What Happened

ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report) shares were up 2.8% during trading on Thursday. The stock traded as high as $25.23 and last traded at $24.88. Approximately 3,589,866 shares changed hands during trading, a decline of 35% from the average daily volume of 5,547,597 shares. The stock had previously closed at $24.21.

ProShares UltraShort Bloomberg Natural Gas Price Performance

The stock has a 50-day moving average price of $28.21 and a two-hundred day moving average price of $26.17.

Institutional Investors Weigh In On ProShares UltraShort Bloomberg Natural Gas

An institutional investor recently bought a new position in ProShares UltraShort Bloomberg Natural Gas stock. Centaurus Financial Inc. purchased a new position in ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,944 shares of the company’s stock, valued at approximately $151,000. Centaurus Financial Inc. owned approximately 0.13% of ProShares UltraShort Bloomberg Natural Gas as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares UltraShort Bloomberg Natural Gas Company Profile

(Get Free Report)

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

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.