United States 12 Month Natural Gas Fund UNL
NYSE UNL
$5.90 +0.07 (+1.23%)
At close: Aug 18, 2026 · 3:55 PM UTC

United States 12 Month Natural Gas Fund (UNL) Shares Outstanding (2010 - 2026)

United States 12 Month Natural Gas Fund's (UNL) quarterly Shares Outstanding (Entity) came in at $2.4 million in Q1 2026, up 28.91% YoY from $1.9 million in Q1 2025, and up 46.73% on a QoQ basis from $1.7 million in Q4 2025.

United States 12 Month Natural Gas Fund (UNL) Shares Outstanding (2010 - 2026) Analysis & Trends

United States 12 Month Natural Gas Fund (UNL) has 17 years of Shares Outstanding (Entity) data on file, last reported at $2.4 million in Q1 2026.

  • Quarterly Shares Outstanding (Entity) rose 28.91% year-over-year to $2.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 million (up 28.91% YoY) and the FY2025 annual result came in at $1.7 million, down 27.93% from the prior year.
  • Shares Outstanding (Entity) grew to $2.4 million in Q1 2026, from $1.7 million in the prior quarter.
  • In the past five years, Shares Outstanding (Entity) ranged from a high of $2.6 million in Q3 2024 to a low of $1.3 million in Q2 2025.
  • A 5-year average of $1.8 million and a median of $1.7 million in 2025 frame the typical range for Shares Outstanding (Entity).
  • Annual changes were most pronounced in 2022 — Shares Outstanding (Entity) soared 80.0% — and 2025, when it tumbled 48.81%.
  • Tracing UNL's Shares Outstanding (Entity) over 5 years: stood at $1.7 million in 2022, then dropped by 10.05% to $1.5 million in 2023, then jumped by 50.17% to $2.3 million in 2024, then retreated by 27.93% to $1.7 million in 2025, then surged by 46.73% to $2.4 million in 2026.
  • The last three Shares Outstanding (Entity) figures came in at $2.4 million (Q1 2026), $1.7 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Jun 30, 2026 2.54 Mn
Mar 31, 2026 2.35 Mn
Dec 31, 2025 1.67 Mn
Sep 30, 2025 1.36 Mn
Jun 30, 2025 1.39 Mn
Mar 31, 2025 1.90 Mn
Dec 31, 2024 2.32 Mn
Sep 30, 2024 2.42 Mn
Jun 30, 2024 2.25 Mn
Mar 31, 2024 2.07 Mn
Dec 31, 2023 1.54 Mn
Sep 30, 2023 1.57 Mn
Jun 30, 2023 1.40 Mn
Mar 31, 2023 1.26 Mn
Dec 31, 2022 1.72 Mn
Sep 30, 2022 1.75 Mn
Jun 30, 2022 1.81 Mn
Mar 31, 2022 1.70 Mn
Dec 31, 2021 1.08 Mn
Sep 30, 2021 1.02 Mn