Short Interest in ProShares Ultra Bloomberg Natural Gas (BOIL) Increases By 40.1%

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 1,660,264 shares, a growth of 40.1% from the November 15th total of 1,184,797 shares. Based on an average trading volume of 1,013,351 shares, the short-interest ratio is presently 1.6 days.

A number of large investors have recently modified their holdings of the stock. Jump Trading LLC purchased a new stake in shares of ProShares Ultra Bloomberg Natural Gas in the 2nd quarter worth approximately $111,000. Simplex Trading LLC lifted its position in shares of ProShares Ultra Bloomberg Natural Gas by 370.0% in the 4th quarter. Simplex Trading LLC now owns 25,367 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 19,970 shares during the period. Finally, Virtu KCG Holdings LLC lifted its position in shares of ProShares Ultra Bloomberg Natural Gas by 22.5% in the 2nd quarter. Virtu KCG Holdings LLC now owns 34,500 shares of the exchange traded fund’s stock worth $336,000 after purchasing an additional 6,334 shares during the period.

Shares of ProShares Ultra Bloomberg Natural Gas (NYSEARCA BOIL) traded up $0.29 during mid-day trading on Friday, reaching $6.80. 626,842 shares of the company’s stock traded hands. ProShares Ultra Bloomberg Natural Gas has a 1-year low of $5.06 and a 1-year high of $16.51.

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