United States Natural Gas Fund Sees Unusually High Options Volume (NYSEARCA:UNG)

United States Natural Gas Fund LP (NYSEARCA:UNG) saw unusually large options trading activity on Friday. Stock traders bought 76,899 call options on the company. This represents an increase of approximately 42% compared to the average volume of 54,313 call options.

United States Natural Gas Fund Price Performance

Shares of NYSEARCA UNG opened at $12.75 on Friday. The stock has a market cap of $386.96 million, a PE ratio of -15.04 and a beta of -0.12. United States Natural Gas Fund has a 1 year low of $9.95 and a 1 year high of $24.33. The firm has a fifty day moving average price of $12.36 and a 200-day moving average price of $12.91.

Institutional Trading of United States Natural Gas Fund

Several institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers boosted its holdings in shares of United States Natural Gas Fund by 51.1% during the 2nd quarter. Cetera Investment Advisers now owns 135,405 shares of the exchange traded fund’s stock valued at $2,069,000 after purchasing an additional 45,783 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of United States Natural Gas Fund by 52,535.0% in the third quarter. Farther Finance Advisors LLC now owns 52,635 shares of the exchange traded fund’s stock worth $688,000 after buying an additional 52,535 shares in the last quarter. AmeriServ Wealth Advisors purchased a new stake in shares of United States Natural Gas Fund in the third quarter worth about $784,000. Centric Wealth Management bought a new position in United States Natural Gas Fund during the second quarter valued at approximately $1,222,000. Finally, Guild Investment Management Inc. purchased a new position in United States Natural Gas Fund during the 3rd quarter valued at approximately $654,000.

United States Natural Gas Fund Company Profile

United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of the Company 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 price of the futures contracts on natural gas traded on the New York Mercantile Exchange (the NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire (the Benchmark Futures Contract), less its expenses.