United States 12 Month Oil Fund (NYSEARCA:USL) Trading Down 1%

Shares of United States 12 Month Oil Fund LP (NYSEARCA:USLGet Free Report) dropped 1% on Monday . The company traded as low as $40.88 and last traded at $40.97. Approximately 13,255 shares were traded during trading, an increase of 78% from the average daily volume of 7,467 shares. The stock had previously closed at $41.38.

United States 12 Month Oil Fund Trading Down 1.0 %

The business has a fifty day moving average price of $39.44 and a two-hundred day moving average price of $38.44.

Institutional Inflows and Outflows

An institutional investor recently raised its position in United States 12 Month Oil Fund stock. Tower Research Capital LLC TRC raised its position in United States 12 Month Oil Fund LP (NYSEARCA:USLFree Report) by 1,203.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,541 shares of the company’s stock after purchasing an additional 2,346 shares during the quarter. Tower Research Capital LLC TRC owned approximately 0.12% of United States 12 Month Oil Fund worth $89,000 at the end of the most recent quarter.

United States 12 Month Oil Fund Company Profile

(Get Free Report)

The United States 12 Month Oil Fund, LP (USL) is an exchange-traded fund that is based on the 12 Month Light Sweet Crude Oil index. The fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts. USL was launched on Dec 6, 2007 and is managed by US Commodity Funds.

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