The stock of HorizonsBetaProNYMEXNaturalGas (TSE:HND) is a huge mover today! About 239,259 shares traded hands. HorizonsBetaProNYMEXNaturalGas (TSE:HND) has declined 63.71% since March 11, 2016 and is downtrending. It has underperformed by 69.19% the S&P500.
The move comes after 7 months negative chart setup for the $48.04M company. It was reported on Oct, 18 by Barchart.com. We have $8.54 PT which if reached, will make TSE:HND worth $5.76M less.
Horizons BetaPro NYMEX Natural Gas 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) natural gas futures contract for the next delivery month. The company has a market cap of $48.04 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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