The stock of Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) is a huge mover today! About 554,736 shares traded hands. Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) has declined 14.89% since April 11, 2016 and is downtrending. It has underperformed by 18.82% the S&P500.
The move comes after 9 months negative chart setup for the $106.12M company. It was reported on Nov, 15 by Barchart.com. We have $11.66 PT which if reached, will make TSE:HOD worth $10.61M 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 $106.12 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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