Natural Gas ETFs Soar on Cold Weather, Short Squeeze

by admin | 01/28/2022, 15:22

Natural gas futures and related exchange traded funds climbed on Friday as cold weather fueled a spike in heating demand for the next two weeks. The United States Natural Gas Fund (NYSEArca: UNG) surged 7% and rose almost 13% earlier in the session on Friday. Meanwhile, Nymex natural gas futures advanced 10.0% to $4.71 per million […] Read more at ETFtrends.com.

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