United States 12 Month Oil Fund (USL) Shares Outstanding (2010 - 2026)

United States 12 Month Oil Fund (USL) has 17 years of Shares Outstanding data on file, last reported at $1.2 million in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding changed 0.0% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 million (changed 0.0% YoY), and the FY2025 full-year result was $1.1 million, changed N/A from the prior year.
• Shares Outstanding for Q1 2026 stood at $1.2 million, up from $1.1 million in the prior quarter.
• Across five years, Shares Outstanding topped out at $9.5 million in Q1 2021 and bottomed at $1.1 million in Q4 2025.
• The 5-year median for Shares Outstanding is $2.3 million (2022), against an average of $3.1 million.
• The widest annual swing landed in 2022, when Shares Outstanding sank 59.47%; it then changed 0.0% in 2026.
• A 5-year view of Shares Outstanding shows it stood at $2.4 million in 2022, then declined by 19.15% to $1.9 million in 2023, then sank by 31.58% to $1.3 million in 2024, then slipped by 15.38% to $1.1 million in 2025, then climbed by 13.64% to $1.2 million in 2026.
• The last three Shares Outstanding figures came in at $1.2 million (Q1 2026), $1.1 million (Q4 2025), and $1.2 million (Q3 2025), per Business Quant data.

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