Investors Buy VelocityShares 3x Long Natural Gas ETN (UGAZ) on Weakness

Investors bought shares of VelocityShares 3x Long Natural Gas ETN (NYSEARCA:UGAZ) on weakness during trading on Thursday. $36.38 million flowed into the stock on the tick-up and $30.77 million flowed out of the stock on the tick-down, for a money net flow of $5.61 million into the stock. Of all companies tracked, VelocityShares 3x Long Natural Gas ETN had the 28th highest net in-flow for the day. VelocityShares 3x Long Natural Gas ETN traded down ($0.10) for the day and closed at $9.99

Separately, FinnCap restated a “corporate” rating and set a $144.00 price objective on shares of VelocityShares 3x Long Natural Gas ETN in a research report on Thursday, November 2nd.

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