ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) Trading 0.5% Higher

Shares of ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) traded up 0.5% on Wednesday . The stock traded as high as $68.89 and last traded at $66.63. 496,448 shares were traded during mid-day trading, a decline of 77% from the average session volume of 2,117,451 shares. The stock had previously closed at $66.31.

ProShares UltraShort Bloomberg Natural Gas Trading Up 0.5 %

The stock’s 50 day simple moving average is $60.60 and its two-hundred day simple moving average is $62.90.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Headlands Technologies LLC purchased a new position in ProShares UltraShort Bloomberg Natural Gas in the 1st quarter worth about $288,000. Jump Financial LLC purchased a new stake in ProShares UltraShort Bloomberg Natural Gas during the 4th quarter valued at approximately $1,087,000. Finally, Simplex Trading LLC grew its stake in ProShares UltraShort Bloomberg Natural Gas by 357.3% during the fourth quarter. Simplex Trading LLC now owns 35,696 shares of the company’s stock valued at $3,441,000 after acquiring an additional 27,890 shares in the last quarter.

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.