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

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

• For the quarter ending Q1 2026, Shares Outstanding (Weighted Average) rose 23.65% year-over-year to $2.4 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 million (up 23.65% YoY), and the FY2025 full-year result was $1.7 million, down 27.93% from the prior year.
• Shares Outstanding (Weighted Average) for Q1 2026 stood at $2.4 million, up from $1.7 million in the prior quarter.
• Across five years, Shares Outstanding (Weighted Average) topped out at $2.4 million in Q1 2026 and bottomed at $1.3 million in Q1 2023.
• The 5-year median for Shares Outstanding (Weighted Average) is $1.7 million (2022), against an average of $1.8 million.
• The widest annual swing landed in 2022, when Shares Outstanding (Weighted Average) jumped 76.96%; it then plunged 39.61% in 2025.
• A 5-year view of Shares Outstanding (Weighted Average) shows it stood at $1.7 million in 2022, then declined by 10.05% to $1.5 million in 2023, then surged by 50.17% to $2.3 million in 2024, then decreased by 27.93% to $1.7 million in 2025, then soared by 40.74% to $2.4 million in 2026.
• The last three Shares Outstanding (Weighted Average) figures came in at $2.4 million (Q1 2026), $1.7 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.

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