The stock of Horizons BetPro S&P500 VIX Short Term (TSE:HVU) is a huge mover today! About 192,761 shares traded hands. Horizons BetPro S&P500 VIX Short Term (TSE:HVU) has declined 86.29% since April 18, 2016 and is downtrending. It has underperformed by 90.85% the S&P500.
The move comes after 5 months positive chart setup for the $41.96 million company. It was reported on Nov, 22 by Barchart.com. We have $2.64 PT which if reached, will make TSE:HVU worth $2.94M more.
Horizons BetaPro S&P 500 VIX Short-Term Futures Bull Plus ETF invests in financial instruments that have similar daily return characteristics to two times (200%) the S&P 500 VIX Short-Term Futures Index. The company has a market cap of $41.96 million. The HBP Double VIX ETF is designed to provide daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs that endeavor to correspond to twice the daily performance of the S&P 500 VIX Short-Term Futures Index. It currently has negative earnings.
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