What’s Next for HORIZONS BETAPRO S&P TSX 60 INVERSE ETF After Today’s Huge Decline?

 What's Next for HORIZONS BETAPRO S&P TSX 60 INVERSE ETF After Today's Huge Decline?

The stock of HORIZONS BETAPRO S&P TSX 60 INVERSE ETF (TSE:HIX) is a huge mover today! About 26,750 shares traded hands. HORIZONS BETAPRO S&P TSX 60 INVERSE ETF (TSE:HIX) has declined 11.11% since April 26, 2016 and is downtrending. It has underperformed by 16.34% the S&P500.
The move comes after 8 months negative chart setup for the $22.27M company. It was reported on Nov, 30 by Barchart.com. We have $6.70 PT which if reached, will make TSE:HIX worth $668,100 less.

More notable recent HORIZONS BETAPRO S&P TSX 60 INVERSE ETF (TSE:HIX) news were published by: Theglobeandmail.com which released: “Larry Berman: How to prepare for years of lower-than-average returns” on September 27, 2016, also Theglobeandmail.com with their article: “ETFs you should get to know – and those to avoid” published on August 24, 2012, Fool.ca published: “Here’s How to Invest in the S&P/TSX Composite — And Why You May Not Want To” on July 24, 2013. More interesting news about HORIZONS BETAPRO S&P TSX 60 INVERSE ETF (TSE:HIX) were released by: Theglobeandmail.com and their article: “Eye on Shorts: What bearish investors are betting against” published on March 23, 2016 as well as Theglobeandmail.com‘s news article titled: “The myth of ‘sell in May and go away'” with publication date: April 23, 2012.

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