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兩倍做空彭博天然氣ETF（納斯達克：KOLD）股價在週五上漲12.4%，達到47.36美元，因爲美國天然氣價格在亨利樞紐下跌超過7%，降至每百萬英熱單位3.39美元，創下了一週以來的最低水平。
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會受益，而週五的劇烈下跌是由於庫存減少116億立方英尺，低於分析師預期的127億立方英尺。
Additionally, milder mid-January weather projections, with fewer heating degree days than previously estimated, weighed on natural gas demand expectations.
此外，預計1月中旬的天氣較溫和，取暖度日數少於之前的估計，這也影響了對天然氣需求的預期。
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.
需求預測疲軟和市場動能減弱的組合在週五下午推動了KOLD的發展，在看淡的天然氣環境中表現出色。然而，投資者應該保持謹慎，因爲該可交易ETF的槓桿特性會放大市場波動性和風險。
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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周最高價爲88.32美元，52周最低價爲32.52美元。
譯文內容由第三人軟體翻譯。
