United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) Short Interest Down 33.5% in October

United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 71,800 shares, a decline of 33.5% from the September 30th total of 108,000 shares. Based on an average daily volume of 32,900 shares, the days-to-cover ratio is presently 2.2 days. Approximately 5.1% of the shares of the company are short sold. Approximately 5.1% of the shares of the company are short sold. Based on an average daily volume of 32,900 shares, the days-to-cover ratio is presently 2.2 days.

Hedge Funds Weigh In On United States 12 Month Natural Gas Fund

Institutional investors have recently bought and sold shares of the stock. Group One Trading LLC increased its position in shares of United States 12 Month Natural Gas Fund by 310.0% during the second quarter. Group One Trading LLC now owns 8,200 shares of the company’s stock worth $71,000 after purchasing an additional 6,200 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of United States 12 Month Natural Gas Fund during the 1st quarter worth approximately $636,000. Jane Street Group LLC increased its holdings in United States 12 Month Natural Gas Fund by 67.8% in the 1st quarter. Jane Street Group LLC now owns 68,782 shares of the company’s stock valued at $705,000 after purchasing an additional 27,793 shares during the last quarter. Finally, FSA Wealth Partners Inc. boosted its holdings in United States 12 Month Natural Gas Fund by 9.6% during the 2nd quarter. FSA Wealth Partners Inc. now owns 87,701 shares of the company’s stock valued at $764,000 after acquiring an additional 7,712 shares during the period.

United States 12 Month Natural Gas Fund Price Performance

Shares of UNL traded up $0.11 during midday trading on Tuesday, reaching $8.30. The stock had a trading volume of 88,611 shares, compared to its average volume of 54,213. United States 12 Month Natural Gas Fund has a 12-month low of $6.81 and a 12-month high of $11.07. The company’s 50-day moving average is $7.78 and its 200 day moving average is $8.37.

About United States 12 Month Natural Gas Fund

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.