ETFs & Funds
Home›ETFs & Funds›Equity Funds›Hedge funds build record US natural gas shorts on mild…
Hedge funds build record US natural gas shorts on mild winter forecasts
Hedge funds have amassed their largest short position in US natural gas futures on record, betting that an unusually mild northern hemisphere winter will weaken heating demand and put further pressure on prices, according to a report by Bloomberg. Short-only positions across seven benchmark Henry Hub contracts climbed to 599,731, the highest since Commodity Futures Trading Commission records began in May 2013. Net short positions rose to 192,728 contracts, their most bearish level in more than six years, while bullish wagers fell to their lowest in almost two years. The positioning shift follo
Latest closeNat gas $3.047 ▲9.0%