United States 12 Month Natural Gas Fund (NYSEARCA:UNL) Trading Down 3.1% – Should You Sell?

Shares of United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) were down 3.1% on Monday . The stock traded as low as $7.22 and last traded at $7.22. Approximately 72,617 shares changed hands during trading, an increase of 26% from the average daily volume of 57,601 shares. The stock had previously closed at $7.45.

United States 12 Month Natural Gas Fund Price Performance

The firm has a 50 day moving average of $7.52 and a two-hundred day moving average of $7.89.

Institutional Trading of United States 12 Month Natural Gas Fund

A hedge fund recently raised its stake in United States 12 Month Natural Gas Fund stock. Commonwealth Equity Services LLC increased its holdings in shares of United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) by 28.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,543 shares of the company’s stock after buying an additional 9,963 shares during the period. Commonwealth Equity Services LLC owned about 1.94% of United States 12 Month Natural Gas Fund worth $368,000 at the end of the most recent quarter.

United States 12 Month Natural Gas Fund Company Profile

The United States 12 Month Natural Gas Fund, LP (UNL) is an exchange-traded security company. The Company’s investment objective 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 average of the prices of the Benchmark Futures Contracts, less UNL’s expenses.