United States Natural Gas Fund, Target of Unusually High Options Trading (UNG)

United States Natural Gas Fund, LP (NYSE:UNG) saw unusually large options trading on Monday. Stock traders purchased 15,255 put options on the stock. This represents an increase of approximately 406% compared to the typical daily volume of 3,017 put options.

A number of large investors have recently modified their holdings of the stock. ING Groep NV increased its stake in shares of United States Natural Gas Fund, by 117.7% in the second quarter. ING Groep NV now owns 23,950 shares of the exchange traded fund’s stock valued at $162,000 after buying an additional 12,950 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of United States Natural Gas Fund, by 8.2% in the second quarter. Ameriprise Financial Inc. now owns 24,685 shares of the exchange traded fund’s stock valued at $167,000 after buying an additional 1,875 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of United States Natural Gas Fund, by 32.9% in the second quarter. Daiwa Securities Group Inc. now owns 33,100 shares of the exchange traded fund’s stock valued at $224,000 after buying an additional 8,200 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of United States Natural Gas Fund, by 4.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 44,099 shares of the exchange traded fund’s stock valued at $299,000 after buying an additional 2,012 shares during the last quarter. Finally, Wedbush Securities Inc. increased its stake in shares of United States Natural Gas Fund, by 8.6% in the second quarter. Wedbush Securities Inc. now owns 89,649 shares of the exchange traded fund’s stock valued at $608,000 after buying an additional 7,100 shares during the last quarter.

Shares of United States Natural Gas Fund, (UNG) remained flat at $6.69 during midday trading on Friday. The company had a trading volume of 2,395,018 shares. The firm’s 50 day moving average is $6.59 and its 200 day moving average is $7.15. United States Natural Gas Fund, has a 52-week low of $6.20 and a 52-week high of $9.73.

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United States Natural Gas Fund, Company Profile

United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of the Company is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of the futures contracts on natural gas traded on the New York Mercantile Exchange (the NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire (the Benchmark Futures Contract), less its expenses.

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