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

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 2,294,456 shares, a growth of 39.4% from the November 30th total of 1,646,001 shares. Based on an average trading volume of 9,720,678 shares, the short-interest ratio is currently 0.2 days. Currently, 11.8% of the company’s stock are sold short. Currently, 11.8% of the company’s stock are sold short. Based on an average trading volume of 9,720,678 shares, the short-interest ratio is currently 0.2 days.

ProShares Ultra Bloomberg Natural Gas Stock Down 11.7%

Shares of ProShares Ultra Bloomberg Natural Gas stock opened at $22.90 on Thursday. The company has a 50 day moving average price of $31.06 and a 200 day moving average price of $34.13. ProShares Ultra Bloomberg Natural Gas has a 52 week low of $21.03 and a 52 week high of $109.77.

Institutional Investors Weigh In On ProShares Ultra Bloomberg Natural Gas

Large investors have recently made changes to their positions in the stock. FNY Investment Advisers LLC raised its stake in ProShares Ultra Bloomberg Natural Gas by 100.0% in the 3rd quarter. FNY Investment Advisers LLC now owns 1,000 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 500 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of ProShares Ultra Bloomberg Natural Gas in the third quarter valued at about $30,000. BNP Paribas Financial Markets raised its stake in shares of ProShares Ultra Bloomberg Natural Gas by 52.9% in the third quarter. BNP Paribas Financial Markets now owns 2,026 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 701 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of ProShares Ultra Bloomberg Natural Gas during the third quarter worth about $74,000. Finally, Thrive Wealth Management LLC purchased a new stake in ProShares Ultra Bloomberg Natural Gas in the third quarter valued at approximately $231,000.

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. BOIL was launched on Oct 4, 2011 and is managed by ProShares.