Why ProShares UltraShort Bloomberg Natural Gas (KOLD) ETF Is Trading Higher
Why ProShares UltraShort Bloomberg Natural Gas (KOLD) ETF Is Trading Higher
The combination of softer demand forecasts and reduced market momentum bolstered KOLD Friday afternoon, which thrives in bearish natural gas environments. However, investors should remain cautious as the ETF's leveraged nature amplifies market volatility and risks.Shares of ProShares UltraShort Bloomberg Natural Gas (NASDAQ:KOLD), a leveraged ETF designed to deliver twice the inverse daily performance of natural gas futures, surged 12.4% to $47.36 on Friday as U.S. natural gas prices dropped over 7% to $3.39 per MMBtu at the Henry Hub, marking their lowest level in a week.
ProShares UltraShort 彭博天然氣（納斯達克股票代碼：KOLD）是一隻槓桿ETF，其股價週五飆升12.4％，至47.36美元，至47.36美元，爲亨利樞紐的美國天然氣價格跌幅超過7％，至每百萬英熱單位3.39美元，爲一週來的最低水平。
KOLD benefits when natural gas prices decline, and Friday's sharp drop was driven by a smaller-than-expected inventory withdrawal of 116 Bcf, compared to analyst forecasts of 127 Bcf.
當天然氣價格下跌時，KOLD受益，而週五的大幅下跌是由低於預期的1160億立方英尺的庫存撤出推動的，而分析師的預測爲1270億立方英尺。
Additionally, milder mid-January weather projections, with fewer heating degree days than previously estimated, weighed on natural gas demand expectations.
此外，1月中旬天氣預測較爲溫和，升溫天數低於先前的估計，這打壓了天然氣需求的預期。
The combination of softer demand forecasts and reduced market momentum bolstered KOLD Friday afternoon, which thrives in bearish natural gas environments. However, investors should remain cautious as the ETF's leveraged nature amplifies market volatility and risks.
週五下午，需求預測疲軟和市場動能減弱共同提振了KOLD，KOLD在看跌的天然氣環境中蓬勃發展。但是，投資者應保持謹慎，因爲ETF的槓桿性質會放大市場波動和風險。
Read Also: What's Going On With Molson Coors Beverage Shares?
另請閱讀：莫爾森庫爾斯飲料股票怎麼了？
According to data from Benzinga Pro, KOLD has a 52-week high of $88.32 and a 52-week low of $32.52.
根據Benzinga Pro的數據，KOLD的52周高點爲88.32美元，52周低點爲32.52美元。
