ProShares UltraShort Bloomberg Natural Gas (KOLD)Trading--Inverse Commodities | Exchange Traded Fund | NYSEArca
29.22 USD
+0.57
(1.990%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 29.17 -0.05 (-0.053%) ⇩ (Aug. 28, 2026, 7:46 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:19 a.m. EDT
This is a classic leveraged inverse ETF in a state of terminal decay, currently trading at a massive discount to its historical trajectory due to a brutal multi-year collapse. The underlying asset, natural gas, has suffered a catastrophic -97% drop recently, followed by a volatile recovery that left this fund down nearly 90% over the last decade. Despite the recent price bounce, the multi-year trend remains firmly in the red, and the lack of any dividend history confirms this is purely a speculative vehicle for hedging or momentum plays, not income. The options data reveals a chaotic environment where traders are buying insurance against a total wipeout or a parabolic rally, ignoring the reality that holding this position long-term is mathematically destructive due to daily rebalancing drag. The statistical forecast model offers no guidance, correctly identifying the noise in such a distressed asset. Avoid this; it is a tool for short-term tactical hedging, not a long-term investment. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.097197 |
| AutoETS | 0.108642 |
| AutoTheta | 0.113605 |
| MSTL | 0.120180 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 16.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.139 |
| Excess Kurtosis | -1.19 |
As of Aug. 22, 2026, 2:19 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. Call open interest is heavily skewed toward deep out-of-the-money strikes (45, 80, 100, 120), while put open interest is concentrated in deep OTM strikes (5, 10, 30). This 'long gamma' setup suggests traders are betting on a massive gap up or a catastrophic crash, with minimal capital allocated to standard directional bets near the current price.
| Attribute | Value |
|---|---|
| All Time High | 872.9 |
| All Time Low | 4.53 |
| Ask | 29.26 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 2,611,910 |
| Average Daily Volume3 Month | 2,772,431 |
| Average Volume | 2,772,431 |
| Average Volume10Days | 2,611,910 |
| Beta3 Year | -2.88 |
| Bid | 29.16 |
| Bid Size | 300 |
| Category | Trading--Inverse Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.54 |
| Day Low | 28.73 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.4522 |
| Fifty Day Average Change | 1.7677994 |
| Fifty Day Average Change Percent | 0.06439555 |
| Fifty Two Week Change Percent | -17.48094 |
| Fifty Two Week High | 49.47 |
| Fifty Two Week High Change | -20.250002 |
| Fifty Two Week High Change Percent | -0.409339 |
| Fifty Two Week Low | 13.44 |
| Fifty Two Week Low Change | 15.78 |
| Fifty Two Week Low Change Percent | 1.1741072 |
| Fifty Two Week Range | 13.44 - 49.47 |
| First Trade Date Milliseconds | 1,317,907,800,000 |
| Five Year Average Return | -0.2726121 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.57 |
| Fullday Change Percent | 1.98953 |
| Fullday Price | 29.1673 |
| Fund Family | ProShares |
| Fund Inception Date | 1,317,686,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks to meet its investment objective by investing in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity). |
| Long Name | ProShares UltraShort Bloomberg Natural Gas |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_141381130 |
| Nav Price | 28.419 |
| Net Assets | 97,350,504.0 |
| Net Expense Ratio | 1.43 |
| Open | 28.76 |
| Phone | 240-497-6400 |
| Post Market Change | -0.052700043 |
| Post Market Change Percent | -0.18035607 |
| Post Market Price | 29.1673 |
| Post Market Time | 1,787,960,797 |
| Previous Close | 28.65 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.57 |
| Regular Market Change Percent | 1.98953 |
| Regular Market Day High | 29.54 |
| Regular Market Day Low | 28.73 |
| Regular Market Day Range | 28.73 - 29.54 |
| Regular Market Open | 28.76 |
| Regular Market Previous Close | 28.65 |
| Regular Market Price | 29.22 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 2,412,921 |
| Short Name | ProShares UltraShort Bloomberg |
| Source Interval | 15 |
| Symbol | KOLD |
| Three Year Average Return | 0.0169646 |
| Total Assets | 97,350,504 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 13.28671 |
| Trailing Three Month Returns | 13.28671 |
| Triggerable | 1 |
| Two Hundred Day Average | 26.11145 |
| Two Hundred Day Average Change | 3.108549 |
| Two Hundred Day Average Change Percent | 0.11904927 |
| Type Disp | ETF |
| Volume | 2,412,921 |
| Yield | 0.0 |
| Ytd Return | -17.16912 |