The stock of Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) is a huge mover today! About 1.17 million shares traded hands. Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) has declined 42.95% since March 14, 2016 and is downtrending. It has underperformed by 48.49% the S&P500.
The move comes after 6 months negative chart setup for the $99.69 million company. It was reported on Oct, 19 by Barchart.com. We have $8.86 PT which if reached, will make TSE:HOD worth $10.97M less.
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 $99.69 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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