ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Get Free Report) were up 7.3% on Wednesday . The company traded as high as $67.22 and last traded at $67.68. Approximately 2,019,966 shares traded hands during trading, a decline of 51% from the average daily volume of 4,111,820 shares. The stock had previously closed at $63.08.
ProShares Ultra Bloomberg Natural Gas Stock Performance
The company has a fifty day moving average of $52.14 and a two-hundred day moving average of $49.38.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in ProShares Ultra Bloomberg Natural Gas stock. PVG Asset Management Corp acquired a new stake in ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 18,730 shares of the exchange traded fund’s stock, valued at approximately $217,000.
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.
Featured Articles
- Five stocks we like better than ProShares Ultra Bloomberg Natural Gas
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- 3 Buy-and-Hold Stocks for Long-Term Growth
- Why Invest in High-Yield Dividend Stocks?
- Despite Short-Term Risks Freeport McMoran Worth a Look
Receive News & Ratings for ProShares Ultra Bloomberg Natural Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Bloomberg Natural Gas and related companies with MarketBeat.com's FREE daily email newsletter.
