Traders Purchase Large Volume of ProShares Ultra Bloomberg Natural Gas Call Options (NYSEARCA:BOIL)

ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOILGet Rating) was the recipient of unusually large options trading on Monday. Stock investors purchased 13,932 call options on the stock. This is an increase of 36% compared to the average volume of 10,261 call options.

Institutional Investors Weigh In On ProShares Ultra Bloomberg Natural Gas

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC raised its stake in shares of ProShares Ultra Bloomberg Natural Gas by 1,402.8% in the third quarter. Jane Street Group LLC now owns 171,074 shares of the exchange traded fund’s stock valued at $9,180,000 after acquiring an additional 159,690 shares during the period. IMC Chicago LLC purchased a new stake in ProShares Ultra Bloomberg Natural Gas in the 3rd quarter worth about $5,668,000. Jump Financial LLC purchased a new stake in ProShares Ultra Bloomberg Natural Gas in the 3rd quarter worth about $2,151,000. Simplex Trading LLC lifted its stake in ProShares Ultra Bloomberg Natural Gas by 184.4% in the third quarter. Simplex Trading LLC now owns 36,886 shares of the exchange traded fund’s stock worth $1,979,000 after purchasing an additional 23,916 shares during the last quarter. Finally, Maxi Investments CY Ltd purchased a new position in shares of ProShares Ultra Bloomberg Natural Gas during the third quarter valued at approximately $1,610,000.

ProShares Ultra Bloomberg Natural Gas Stock Performance

Shares of BOIL opened at $51.50 on Wednesday. The company’s fifty day moving average is $49.26 and its 200 day moving average is $74.23. ProShares Ultra Bloomberg Natural Gas has a fifty-two week low of $23.68 and a fifty-two week high of $140.50.

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