You are still getting paid a return which should equal around $.30-.40 over the course of the next 12 months.
This is a decent return for holding a position that is highly leveraged to the gas price. Unlike many energy investments, there is no risk associated with debt or finance and no big employee costs and bonuses to pay.
Gas production is sinking except in the Marcellus, which could top out very soon. Borrowing money to drill wells is pretty much over in this industry. Associated Gas production will be declining quite rapidly as oil drilling continues to decline. I like the risk reward here in all perpetual R/Ts but this one looks especially promising.
They aren't shorts, I think it is one of the larger holders, probably sellling to raise cash. Or it could be Calpers, liquidating fossil fuel investments for which they have been getting a lot of pressure to do, although mostly coal.