ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) Stock Short Interest Report for September

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 5,488,399 shares, an increase of 95.9% from the September 15th total of 2,801,571 shares. Based on an average trading volume of 7,992,356 shares, the days-to-cover ratio is presently 0.7 days. Currently, 29.1% of the shares of the stock are sold short.

ProShares Ultra Bloomberg Natural Gas Stock Down 8.7%

Shares of NYSEARCA:BOIL traded down $1.91 on Friday, hitting $20.11. The company had a trading volume of 6,318,364 shares, compared to its average volume of 5,760,484. ProShares Ultra Bloomberg Natural Gas has a 52-week low of $18.31 and a 52-week high of $93.70. The business has a 50 day moving average of $20.43 and a 200 day moving average of $24.11.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares Ultra Bloomberg Natural Gas stock. Group One Trading LLC lifted its stake in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) by 15.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,680 shares of the exchange traded fund’s stock after acquiring an additional 6,092 shares during the quarter. Group One Trading LLC owned approximately 0.12% of ProShares Ultra Bloomberg Natural Gas worth $720,000 as of its most recent filing with the Securities and Exchange Commission.

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.