HorizonsBetaProNYMEXNaturalGas’s Trend Down, Especially After Today’s Weak Session

 HorizonsBetaProNYMEXNaturalGas's Trend Down, Especially After Today's Weak Session

The stock of HorizonsBetaProNYMEXNaturalGas (TSE:HND) is a huge mover today! About 819,490 shares traded hands or 0.62% up from the average. HorizonsBetaProNYMEXNaturalGas (TSE:HND) has declined 34.60% since April 5, 2016 and is downtrending. It has underperformed by 39.38% the S&P500.
The move comes after 8 months negative chart setup for the $39.78M company. It was reported on Nov, 9 by Barchart.com. We have $14.20 PT which if reached, will make TSE:HND worth $4.38M 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 $39.78 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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