United States Gasoline Fund Reports September 2024 Loss

United States Gasoline Fund LP ( (UGA) ) just unveiled an announcement.

The United States Gasoline Fund, LP reported a net loss of $5.63 million for September 2024, primarily due to realized trading losses on commodity futures. Despite this, the fund’s net asset value slightly increased to $96.54 million, driven by the addition of shares. These insights highlight the volatile nature of commodity investments, which can intrigue investors looking to understand the dynamics of such financial instruments.

For a thorough assessment of UGA stock, go to TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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