Traders Buy High Volume of Call Options on ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL)

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOILGet Rating) was the target of unusually large options trading on Wednesday. Stock investors acquired 11,786 call options on the stock. This represents an increase of 77% compared to the typical daily volume of 6,645 call options.

ProShares Ultra Bloomberg Natural Gas Stock Down 5.7 %

ProShares Ultra Bloomberg Natural Gas stock opened at $74.61 on Thursday. ProShares Ultra Bloomberg Natural Gas has a twelve month low of $23.68 and a twelve month high of $140.50. The stock’s fifty day simple moving average is $82.00 and its 200-day simple moving average is $78.20.

Hedge Funds Weigh In On ProShares Ultra Bloomberg Natural Gas

Hedge funds have recently made changes to their positions in the business. Simplex Trading LLC purchased a new position in ProShares Ultra Bloomberg Natural Gas during the second quarter valued at approximately $546,000. SG Americas Securities LLC bought a new position in shares of ProShares Ultra Bloomberg Natural Gas in the second quarter valued at $210,000. Advisor Group Holdings Inc. acquired a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the fourth quarter worth $108,000. Flow Traders U.S. LLC raised its stake in ProShares Ultra Bloomberg Natural Gas by 54.0% during the second quarter. Flow Traders U.S. LLC now owns 8,652 shares of the exchange traded fund’s stock worth $364,000 after acquiring an additional 3,034 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in ProShares Ultra Bloomberg Natural Gas by 5.9% in the first quarter. Bank of America Corp DE now owns 23,525 shares of the exchange traded fund’s stock valued at $1,325,000 after acquiring an additional 1,312 shares during the last quarter.

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