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

United States 12 Month Natural Gas Fund (UNL) reported Shares Outstanding (Weighted Average) of $2.4 million for Q1 2026, up 23.65% on a YoY basis from $1.9 million in Q1 2025, and up 40.74% quarter-over-quarter from $1.7 million in Q4 2025.

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

United States 12 Month Natural Gas Fund has reported Shares Outstanding (Weighted Average) for 17 years, with the latest figure 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.
  • The five-year high for Shares Outstanding (Weighted Average) was $2.4 million in Q1 2026, with the low at $1.3 million in Q1 2023.
  • Historically, Shares Outstanding (Weighted Average) has averaged $1.8 million across 5 years, with a median of $1.7 million in 2022.
  • Annual changes were most pronounced in 2022 — Shares Outstanding (Weighted Average) jumped 76.96% — and 2025, when it slumped 39.61%.
  • United States 12 Month Natural Gas Fund's Shares Outstanding (Weighted Average) 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 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.

Peer Comparison

Historic Data

Download Data
DateValue
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 2.25 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 1.33 Mn
Mar 31, 2023 1.26 Mn
Dec 31, 2022 1.72 Mn
Sep 30, 2022 1.75 Mn
Jun 30, 2022 1.76 Mn
Mar 31, 2022 1.70 Mn
Dec 31, 2021 1.08 Mn
Sep 30, 2021 1.02 Mn
Jun 30, 2021 1.06 Mn