Shares of BetaPro Crude Oil Daily Bull ETF (TSE:HOU – Get Free Report) were down 5.7% during mid-day trading on Thursday . The company traded as low as C$14.29 and last traded at C$14.45. Approximately 1,306,151 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 2,357,566 shares. The stock had previously closed at C$15.33.
BetaPro Crude Oil Daily Bull ETF Stock Down 5.7%
The company’s fifty day simple moving average is C$20.50 and its 200 day simple moving average is C$16.95.
About BetaPro Crude Oil Daily Bull ETF
In order to achieve its investment objective, ETF may invest all or a portion of its portfolio in equity securities, interest bearing accounts and TBills and/or other financial instruments, including derivatives such as futures contracts, options on futures contracts, forward contracts, swap agreements, options on securities and indices, or any combination of the foregoing. HOU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (2 percent) the daily performance of the Horizons Crude Oil Rolling Futures Index.
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