Short Interest in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Rises By 41.4%

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 2,366,391 shares, an increase of 41.4% from the December 31st total of 1,673,681 shares. Based on an average daily trading volume, of 14,332,359 shares, the days-to-cover ratio is currently 0.2 days. Currently, 12.4% of the shares of the stock are sold short. Currently, 12.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,332,359 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of ProShares Ultra Bloomberg Natural Gas

Large investors have recently modified their holdings of the business. FNY Investment Advisers LLC increased its stake in shares of ProShares Ultra Bloomberg Natural Gas by 100.0% during the 3rd quarter. FNY Investment Advisers LLC now owns 1,000 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 500 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in ProShares Ultra Bloomberg Natural Gas during the 3rd quarter valued at $30,000. BNP Paribas Financial Markets grew its holdings in ProShares Ultra Bloomberg Natural Gas by 52.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,026 shares of the exchange traded fund’s stock valued at $61,000 after buying an additional 701 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in ProShares Ultra Bloomberg Natural Gas during the third quarter worth $74,000. Finally, HUB Investment Partners LLC acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas in the second quarter worth $324,000.

ProShares Ultra Bloomberg Natural Gas Trading Up 24.7%

ProShares Ultra Bloomberg Natural Gas stock opened at $40.67 on Friday. ProShares Ultra Bloomberg Natural Gas has a 52 week low of $15.20 and a 52 week high of $109.77. The firm’s 50-day simple moving average is $27.07 and its 200 day simple moving average is $30.00.

ProShares Ultra Bloomberg Natural Gas Company Profile

The ProShares Ultra Bloomberg Natural Gas (BOIL) is an exchange-traded fund that is based on the Bloomberg Natural Gas Subindex index. The fund provides 2x the daily return of an index that measures the price performance of natural gas as reflected through publicly traded natural gas futures contracts. BOIL was launched on Oct 4, 2011 and is managed by ProShares.