ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report) shares traded down 0.1% during trading on Wednesday . The company traded as low as $52.26 and last traded at $54.75. 3,497,683 shares were traded during mid-day trading, an increase of 74% from the average session volume of 2,008,400 shares. The stock had previously closed at $54.83.
ProShares UltraShort Bloomberg Natural Gas Price Performance
The business has a 50-day simple moving average of $69.49 and a 200 day simple moving average of $62.78.
Institutional Investors Weigh In On ProShares UltraShort Bloomberg Natural Gas
A hedge fund recently bought a new stake in ProShares UltraShort Bloomberg Natural Gas stock. Headlands Technologies LLC bought a new position in ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,840 shares of the company’s stock, valued at approximately $288,000. Headlands Technologies LLC owned approximately 0.12% of ProShares UltraShort Bloomberg Natural Gas at the end of the most recent quarter.
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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