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| Date | Value |
|---|---|
| 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 |