VelocityShares 3X Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (UGAZ) Short Interest Update

VelocityShares 3X Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (NYSE:UGAZ) was the recipient of a large increase in short interest in the month of September. As of September 29th, there was short interest totalling 19,844,627 shares, an increase of 13.5% from the September 15th total of 17,483,085 shares. Based on an average daily volume of 13,348,435 shares, the short-interest ratio is presently 1.5 days.

VelocityShares 3X Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (UGAZ) opened at 10.33 on Friday. The company’s 50 day moving average is $11.52 and its 200-day moving average is $14.55. VelocityShares 3X Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return has a 1-year low of $9.49 and a 1-year high of $54.43.

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