The stock of HorizonsBetaProNYMEXNaturalGas (TSE:HND) is a huge mover today! About 389,256 shares traded hands. HorizonsBetaProNYMEXNaturalGas (TSE:HND) has declined 48.45% since April 27, 2016 and is downtrending. It has underperformed by 54.37% the S&P500.
The move comes after 6 months negative chart setup for the $22.91M company. It was reported on Dec, 1 by Barchart.com. We have $9.67 PT which if reached, will make TSE:HND worth $1.83 million less.
Horizons BetaPro NYMEX Natural Gas 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) natural gas futures contract for the next delivery month. The company has a market cap of $22.91 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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