United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) Short Interest Update

United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 11,600 shares, a decrease of 39.6% from the May 15th total of 19,200 shares. Based on an average daily volume of 63,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.9% of the shares of the company are sold short.

Institutional Investors Weigh In On United States 12 Month Natural Gas Fund

Several hedge funds have recently added to or reduced their stakes in the business. HighTower Advisors LLC acquired a new stake in shares of United States 12 Month Natural Gas Fund in the fourth quarter valued at approximately $129,000. Commonwealth Equity Services LLC increased its position in United States 12 Month Natural Gas Fund by 7.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 58,877 shares of the company’s stock worth $481,000 after purchasing an additional 3,865 shares in the last quarter. Virtu Financial LLC bought a new stake in United States 12 Month Natural Gas Fund during the 1st quarter worth $636,000. Jane Street Group LLC grew its holdings in shares of United States 12 Month Natural Gas Fund by 67.8% during the first quarter. Jane Street Group LLC now owns 68,782 shares of the company’s stock worth $705,000 after purchasing an additional 27,793 shares during the last quarter. Finally, Financial Services Advisory Inc acquired a new position in shares of United States 12 Month Natural Gas Fund in the fourth quarter valued at approximately $906,000.

United States 12 Month Natural Gas Fund Stock Performance

Shares of UNL traded up $0.20 during mid-day trading on Monday, reaching $9.22. The company’s stock had a trading volume of 18,755 shares, compared to its average volume of 61,955. United States 12 Month Natural Gas Fund has a 1-year low of $6.79 and a 1-year high of $11.07. The business has a 50-day simple moving average of $9.02 and a two-hundred day simple moving average of $8.97.

United States 12 Month Natural Gas Fund Company Profile

The United States 12 Month Natural Gas Fund, LP (UNL) is an exchange-traded security company. The Company’s investment objective is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the average of the prices of the Benchmark Futures Contracts, less UNL’s expenses.