What’s Next for Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) After Today’s Huge Decline?

 What's Next for Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) After Today's Huge Decline?

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 30.57% since March 28, 2016 and is downtrending. It has underperformed by 33.59% the S&P500.
The move comes after 8 months negative chart setup for the $105.30 million company. It was reported on Nov, 1 by Barchart.com. We have $10.66 PT which if reached, will make TSE:HOD worth $14.74M less.

Another recent and important Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) news was published by Profitconfidential.com which published an article titled: “Bear Market: This Is How to Save Yourself from Negative Interest Rates” on February 17, 2016.

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 $105.30 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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