UNG Shares Spike On Inventory Report

The United States Natural Gas Fund (UNG) is spiking sharply higher after a weekly natural gas storage report showed that inventories declined 6 Bcf from the previous week. The ETF continues squeezing higher as it reverses its initial opening weakness.

The ticker is currently trading up 1.99% at $6.15 on a volume of 15.9 million shares.

About Ron Haruni 1036 Articles
Ron is the Co-Founder & Editor in Chief of Wall Street Pit. Web Site: Wall Street Pit

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