United States Natural Gas Fund, LP
ARCAUNG enters the back half of September with short sellers in full retreat — a notable shift for a fund that spent most of August under meaningful bearish pressure. The scale of the short exit is the week's defining story. Short interest has fallen 43% over the past week alone, dropping from roughly 4.2 million shares to just under 2.4 million. That brings SI down to 4.9% of free…
UNG short interest falls to 6.3% of float, down 35% from last week as borrow costs ease to 0.83%.
UNG enters the back half of September with short sellers in full retreat — a notable shift for a fund that spent most of August under meaningful bearish pressure. The scale of the short exit is the week's defining…
UNG heads into September with a striking reversal: short sellers are retreating, borrow conditions have eased sharply, and options traders have pivoted hard toward calls — all while the fund itself quietly grinds…
Snapshot as of 19 Sept 2026
UNG is at an interesting inflection point — short sellers are pulling back sharply just as the fund posts a modest weekly gain, but options traders are growing more cautious than they've been in months. The most…
The bear retreat in UNG has deepened further. Short interest has now fallen to 5.6% of free float, down 29% week-on-week. That extends the unwind flagged in last week's note, which itself had already pulled back from…
UNG has done another about-face — the bear rebuild flagged in last week's note has largely unwound, with short interest dropping sharply and the lending market loosening to its most comfortable level in weeks. The…
UNG has reversed course sharply — the short-covering story that defined the July 8 note has unwound almost entirely, with bears rebuilding positions at the fastest pace in over a month. The short interest reversal is…
UNG has flipped the script in a week — the bear conviction that peaked on June 30 is unwinding fast, and the lending market is moving in lock-step. The short reversal is the dominant story. Short interest has fallen…
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