The stock of HorizonsBetaProNYMEXNaturalGas (TSE:HND) is a huge mover today! About 88,353 shares traded hands. HorizonsBetaProNYMEXNaturalGas (TSE:HND) has declined 41.22% since April 1, 2016 and is downtrending. It has underperformed by 43.18% the S&P500.
The move comes after 7 months positive chart setup for the $33.23 million company. It was reported on Nov, 8 by Barchart.com. We have $40.25 PT which if reached, will make TSE:HND worth $50.84M more.
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 $33.23 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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