It Seems Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) Will Go Down. Have Another Big Decline

 It Seems Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) Will Go Down. Have Another Big Decline

The stock of Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) is a huge mover today! About 378,589 shares traded hands. Hori. Beta. NYMEX Cr. Oil Br. Pl (ETF) (TSE:HOD) has declined 13.72% since April 22, 2016 and is downtrending. It has underperformed by 19.73% the S&P500.
The move comes after 5 months negative chart setup for the $52.33 million company. It was reported on Nov, 28 by Barchart.com. We have $11.18 PT which if reached, will make TSE:HOD worth $3.66M 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 $52.33 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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