Replies to post #13608 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[wz9ytp]

I've never seen it out before Friday afternoon. Unless Friday is a holiday...

[bullforever]

Hi, sure

I don't know how to read this table. I did a lot of calculation, but could not get the same number as Celsius stated. Could you give us some education about the table? Thanks

See below:

As of June 13, the open interest on natural gas contracts traded on the NYMEX decreased by -47,501 contracts to 1,465,130 compared to last week which is above the 1-year average of 1,226,620. Natural gas investors remain optimistic about the commodity's prospects as the total number of long contracts outnumber short contracts by 80,825 with 58% of total contracs being long. However, compared to last week, the percentage of long contracts has decreased suggesting that investors are reducing long exposure in anticipation of a pullback.