What’s in Hori. Beta. NYMEX Cr. Oil Bl. Pl. (ETF) After Today’s Huge Increase?

 What's in Hori. Beta. NYMEX Cr. Oil Bl. Pl. (ETF) After Today's Huge Increase?

The stock of Hori. Beta. NYMEX Cr. Oil Bl. Pl. (ETF) (TSE:HOU) is a huge mover today! About 948,704 shares traded hands. Hori. Beta. NYMEX Cr. Oil Bl. Pl. (ETF) (TSE:HOU) has declined 17.30% since April 11, 2016 and is downtrending. It has underperformed by 21.23% the S&P500.
The move comes after 8 months positive chart setup for the $262.06M company. It was reported on Nov, 15 by Barchart.com. We have $13.80 PT which if reached, will make TSE:HOU worth $267.30 million more.

Horizons BetaPro NYMEX Crude Oil Bull+ ETF seek daily investment results equal to 200% the daily performance of the NYMEX light sweet crude oil futures contract for the next delivery month. The ETF has a market cap of $262.06 million. The HBP NYMEX Crude Oil Bull is denominated in Canadian dollars, as the United States dollar exposure of the underlying index is hedged daily. It currently has negative earnings. The Fund is managed by BetaPro Management Inc.

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