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ProShares Trust II - ProShares UltraShort Bloomberg Natural Gas is an exchange traded fund launched by ProShare Capital Management LLC. It is co-managed by ProFund Advisors LLC and ProShare Advisors LLC. The fund invests in the commodity markets. It takes short positions and uses derivatives such as futures contracts to invest in natural gas sector. The fund seeks to track -2x the daily performance of the Bloomberg Natural Gas Subindex. ProShares Trust II - ProShares UltraShort Bloomberg Natural Gas was formed on October 4, 2011 and is domiciled in the United States.