United States Natural Gas Fund, Sees Large Decline in Short Interest (UNG)
Shares of United States Natural Gas Fund, (NYSE:UNG) were the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 7,637,171 shares, a decrease of 32.7% from the July 15th total of 11,349,269 shares, Analyst Ratings.Net reports. Based on an average daily volume of 6,094,574 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.0% of the shares of the company are short sold.
Shares of United States Natural Gas Fund, (NYSE:UNG) opened at 20.86 on Tuesday. United States Natural Gas Fund, has a one year low of $16.91 and a one year high of $27.89. The stock’s 50-day moving average is $21.97 and its 200-day moving average is $24.41.
United States Natural Gas Fund, LP (NYSE:UNG) is a limited partnership.
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