The stock of Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) is a huge mover today! About 1.44 million shares traded hands. Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) has declined 51.70% since February 5, 2016 and is downtrending. It has underperformed by 68.18% the S&P500.
The move comes after 7 months positive chart setup for the $74.05M company. It was reported on Sep, 13 by Barchart.com. We have $36.46 PT which if reached, will make TSE:HOD worth $130.33M more.
Horizons BetaPro NYMEX Crude Oil Bear Plus ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that correspond to two times (200%) the inverse (opposite) of the daily performance of the New York Mercantile Exchange (NYMEX) light sweet crude oil futures contract for the next delivery month. The ETF has a market cap of $74.05 million. The Fund is managed by BetaPro Management Inc. It currently has negative earnings. ProFund Advisors LLC is the portfolio manager of the Fund.
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