ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Short Interest Update

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 1,320,000 shares, a drop of 32.3% from the September 15th total of 1,950,000 shares. Based on an average trading volume of 5,729,400 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 5,729,400 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of ProShares Ultra Bloomberg Natural Gas

A number of institutional investors have recently made changes to their positions in BOIL. Headlands Technologies LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the first quarter valued at approximately $85,000. Thrive Wealth Management LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the third quarter valued at approximately $231,000. HUB Investment Partners LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the second quarter valued at approximately $324,000. Revisor Wealth Management LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the third quarter valued at approximately $342,000. Finally, Two Sigma Securities LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the second quarter valued at approximately $744,000.

ProShares Ultra Bloomberg Natural Gas Trading Down 0.0%

Shares of NYSEARCA BOIL opened at $29.37 on Friday. ProShares Ultra Bloomberg Natural Gas has a one year low of $24.65 and a one year high of $109.77. The firm’s 50 day simple moving average is $28.86 and its two-hundred day simple moving average is $42.98.

About ProShares Ultra Bloomberg Natural Gas

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.