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

by · The Markets Daily

ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report)’s share price 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 traded hands during mid-day trading, a decline of 35% from the average session volume of 5,547,597 shares. The stock had previously closed at $24.21.

ProShares UltraShort Bloomberg Natural Gas Price Performance

The business’s 50 day moving average is $28.21 and its 200 day moving average is $26.17.

Institutional Inflows and Outflows

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 first quarter, according to the company in its most recent disclosure 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 about 0.13% of ProShares UltraShort Bloomberg Natural Gas at the end of the most recent quarter.

About ProShares UltraShort Bloomberg Natural Gas

(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.

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