ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD) Shares Gap Up – What’s Next?

Posted by Anthony Miller on Mar 22nd, 2025

ProShares UltraShort Bloomberg Natural Gas (NYSEARCA:KOLD – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $18.59, but opened at $19.33. ProShares UltraShort Bloomberg Natural Gas shares last traded at $19.45, with a volume of 1,968,721 shares changing hands.

ProShares UltraShort Bloomberg Natural Gas Price Performance

The firm has a 50-day moving average of $26.70 and a 200 day moving average of $50.64.

Institutional Trading of ProShares UltraShort Bloomberg Natural Gas

Several large investors have recently added to or reduced their stakes in the business. IMC Chicago LLC increased its position in ProShares UltraShort Bloomberg Natural Gas by 76.5% in the 4th quarter. IMC Chicago LLC now owns 183,848 shares of the company’s stock valued at $7,858,000 after acquiring an additional 79,685 shares during the period. Jump Financial LLC increased its position in ProShares UltraShort Bloomberg Natural Gas by 248.1% in the 4th quarter. Jump Financial LLC now owns 106,912 shares of the company’s stock valued at $4,569,000 after acquiring an additional 76,201 shares during the period. Bank of America Corp DE increased its position in ProShares UltraShort Bloomberg Natural Gas by 2,566.7% in the 4th quarter. Bank of America Corp DE now owns 62,400 shares of the company’s stock valued at $2,667,000 after acquiring an additional 60,060 shares during the period. AI Squared Management Ltd acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the 4th quarter valued at approximately $2,667,000. Finally, Aveo Capital Partners LLC acquired a new stake in ProShares UltraShort Bloomberg Natural Gas in the 4th quarter valued at approximately $2,556,000.

About ProShares UltraShort Bloomberg Natural Gas

(Get Free Report)

The ProShares UltraShort Bloomberg Natural Gas (KOLD) is an exchange-traded fund that is based on the Bloomberg Natural Gas Subindex index. The fund provides daily -2x exposure to an index that tracks natural gas by holding one second month futures contract at a time. KOLD was launched on Oct 4, 2011 and is managed by ProShares.