United States 12 Month Natural Gas Fund (NYSEARCA:UNL) Shares Up 0.8%

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United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) shot up 0.8% on Tuesday . The company traded as high as $8.51 and last traded at $8.51, 1,070 shares traded hands during trading. A decline of 39% from the average session volume of 1,750 shares. The stock had previously closed at $8.44.

The business’s 50 day simple moving average is $8.45 and its two-hundred day simple moving average is $8.84.

A hedge fund recently raised its stake in United States 12 Month Natural Gas Fund stock. Citadel Advisors LLC increased its holdings in United States 12 Month Natural Gas Fund LP (NYSEARCA:UNL) by 22.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,484 shares of the company’s stock after purchasing an additional 2,665 shares during the quarter. Citadel Advisors LLC owned approximately 3.22% of United States 12 Month Natural Gas Fund worth $132,000 at the end of the most recent reporting period.

About United States 12 Month Natural Gas Fund (NYSEARCA:UNL)

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.

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