The stock of HORIZONS BP SP500 VIX ST FUT INV ETF (TSE:HVI) hit a new 52-week high and has $28.96 target or 94.00% above today’s $14.93 share price. The 9 months bullish chart indicates low risk for the $19.60 million company. The 1-year high was reported on Nov, 18 by Barchart.com. If the $28.96 price target is reached, the company will be worth $18.42 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 12,690 shares traded hands. HORIZONS BP SP500 VIX ST FUT INV ETF (TSE:HVI) has risen 55.99% since April 14, 2016 and is uptrending. It has outperformed by 51.56% the S&P500.
Another recent and important HORIZONS BP SP500 VIX ST FUT INV ETF (TSE:HVI) news was published by Business.Financialpost.com which published an article titled: “Horizons BetaPro launches Canada’s first volatility ETFs” on December 16, 2010.
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