ProShares UltraShort Bloomberg Natural Gas Target of Unusually High Options Trading (NYSEARCA:KOLD)

ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLDGet Free Report) was the target of some unusual options trading on Friday. Investors bought 12,961 call options on the stock. This is an increase of approximately 57% compared to the average volume of 8,274 call options.

Institutional Investors Weigh In On ProShares UltraShort Bloomberg Natural Gas

Several large investors have recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in shares of ProShares UltraShort Bloomberg Natural Gas by 62.8% in the 3rd quarter. Jane Street Group LLC now owns 763,293 shares of the company’s stock valued at $13,136,000 after purchasing an additional 294,376 shares during the period. IMC Chicago LLC increased its stake in ProShares UltraShort Bloomberg Natural Gas by 1,025.7% in the 3rd quarter. IMC Chicago LLC now owns 172,167 shares of the company’s stock valued at $10,509,000 after purchasing an additional 156,873 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in ProShares UltraShort Bloomberg Natural Gas in the 1st quarter valued at approximately $8,189,000. Citigroup Inc. purchased a new position in ProShares UltraShort Bloomberg Natural Gas in the 1st quarter valued at approximately $705,000. Finally, Trek Financial LLC purchased a new position in ProShares UltraShort Bloomberg Natural Gas in the 1st quarter valued at approximately $2,992,000.

ProShares UltraShort Bloomberg Natural Gas Price Performance

KOLD opened at $65.47 on Friday. The stock’s 50-day moving average price is $55.08 and its 200 day moving average price is $61.02. ProShares UltraShort Bloomberg Natural Gas has a 12-month low of $10.33 and a 12-month high of $92.35.

ProShares UltraShort Bloomberg Natural Gas Company Profile

(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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