Short Interest in ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) Decreases By 60.0%

ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) was the target of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 1,566,193 shares, a decline of 60.0% from the January 29th total of 3,917,307 shares. Approximately 5.2% of the shares of the company are short sold. Based on an average daily trading volume, of 14,728,980 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 14,728,980 shares, the short-interest ratio is currently 0.1 days. Approximately 5.2% of the shares of the company are short sold.

Institutional Investors Weigh In On ProShares UltraShort Bloomberg Natural Gas

Institutional investors have recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new position in ProShares UltraShort Bloomberg Natural Gas during the 2nd quarter valued at about $61,000. 1248 Management LLC boosted its holdings in shares of ProShares UltraShort Bloomberg Natural Gas by 25.0% in the second quarter. 1248 Management LLC now owns 3,000 shares of the company’s stock valued at $77,000 after acquiring an additional 600 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of ProShares UltraShort Bloomberg Natural Gas during the second quarter valued at approximately $249,000. Belvedere Trading LLC bought a new stake in ProShares UltraShort Bloomberg Natural Gas during the fourth quarter worth approximately $293,000. Finally, Two Sigma Securities LLC acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the second quarter worth approximately $756,000.

ProShares UltraShort Bloomberg Natural Gas Stock Down 2.0%

KOLD traded down $0.48 during trading hours on Friday, hitting $23.45. The company’s stock had a trading volume of 3,774,219 shares, compared to its average volume of 12,822,138. The company has a 50-day simple moving average of $28.86 and a 200 day simple moving average of $31.65. ProShares UltraShort Bloomberg Natural Gas has a fifty-two week low of $13.44 and a fifty-two week high of $49.47.

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.