United States Natural Gas Fund, LP (NYSE:UNG) was the recipient of unusually large options trading activity on Monday. Investors purchased 11,423 put options on the company. This represents an increase of 183% compared to the typical daily volume of 4,032 put options.

Shares of United States Natural Gas Fund, (UNG) opened at 6.67 on Thursday. United States Natural Gas Fund, has a 52 week low of $6.20 and a 52 week high of $9.73. The firm’s 50-day moving average is $6.55 and its 200-day moving average is $6.99.

Several hedge funds have recently bought and sold shares of UNG. ING Groep NV increased its position in shares of United States Natural Gas Fund, by 117.7% in the second quarter. ING Groep NV now owns 23,950 shares of the exchange traded fund’s stock worth $162,000 after purchasing an additional 12,950 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of United States Natural Gas Fund, by 8.2% in the second quarter. Ameriprise Financial Inc. now owns 24,685 shares of the exchange traded fund’s stock worth $167,000 after purchasing an additional 1,875 shares during the last quarter. Clear Perspective Advisors LLC bought a new position in shares of United States Natural Gas Fund, in the second quarter worth approximately $203,000. Daiwa Securities Group Inc. increased its position in shares of United States Natural Gas Fund, by 32.9% in the second quarter. Daiwa Securities Group Inc. now owns 33,100 shares of the exchange traded fund’s stock worth $224,000 after purchasing an additional 8,200 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of United States Natural Gas Fund, by 4.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 44,099 shares of the exchange traded fund’s stock worth $299,000 after purchasing an additional 2,012 shares during the last quarter.

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About United States Natural Gas Fund,

United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of the Company 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 price of the futures contracts on natural gas traded on the New York Mercantile Exchange (the NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire (the Benchmark Futures Contract), less its expenses.

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